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Episode 47: Questioning Assumptions About Retirement Investing with Janelle Orsi

Episode 47: Questioning Assumptions About Retirement Investing with Janelle Orsi

Summary: In this episode, Capital Insight co-hosts and securities attorneys Jenny and Michelle talk to Janelle Orsi who discusses whether retirement accounts in the U.S. are irreparably broken and new ways to think about retirement.
Bio: Janelle Orsi is a cartoonist, lawyer, and advocate focused on cooperatives, land trusts, housing justice, community-owned energy, and democratizing finance. She is Co-Founder of the cooperatively-structured nonprofit Sustainable Economies Law Center, which facilitates the growth of more sustainable and localized economies through education, research, and advocacy. Most of her time is spent learning and creating with inspiring groups who are advancing permanent community stewardship of land (check out the Radical Real Estate Law School) and channeling investments (especially retirement savings) away from Wall Street and into our local communities (check out The Next Egg). She likes to have fun conversations and make cartoons about abolishing private property, abolishing the legal profession, and abolishing private wealth accumulation.

 

Get In Touch:

Website: https://www.jennykassan.com/

https://crowdfundmainstreet.com/

https://www.opportunitymainstreet.com/

https://www.theselc.org/

https://www.thenextegg.org/

Janelle’s slides: https://docs.google.com/presentation/d/17IndT3uH8gwebklF-f0f-OUf6q2lrps6vaOZwc7o1T4/edit?usp=sharing

Socials:

Twitter: https://twitter.com/jennykassan

LinkedIn: https://www.linkedin.com/in/jennykassan/

Instagram: https://www.instagram.com/thekassangroup/

Additional Resource:

  • Angels of Main Street is a community of investors with no minimum wealth or income requirement to join.  If you’d like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street!

Episode Credit:

Intro and outro are voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com

Check out past episodes here!

Episode 46: The Evolution of Crowdfunding with Devin Thorpe

Episode 46: The Evolution of Crowdfunding with Devin Thorpe

Summary: In this episode, Capital Insight co-hosts and securities attorneys Jenny and Michelle talk to Devin Thorpe, who has been involved in crowdfunding since the ’90s, about what is working well and what still needs to happen for crowdfunding to reach its full potential.
Bio: Devin is a bestselling author who calls himself a champion of social good. He travels extensively as a volunteer doing service, as a new-media journalist finding heroes, and as a speaker sharing what he’s learned. As a Forbes Contributor, he covered social entrepreneurship and impact investing, reaching an audience of over 2 million people. He has produced over 1,200 episodes of his podcast featuring luminary change agents, including Bill Gates. His books—read over 1 million times—help people do more good. He has helped nonprofits raise millions of dollars via crowdfunding. He draws on his experience as an investment banker, CFO, treasurer, and U.S. Senate staffer. He earned an MBA at Cornell. Frequently finding himself on airplanes, Devin is grateful to be middle-seat-sized.

Get In Touch:

Website: https://www.jennykassan.com/

https://crowdfundmainstreet.com/

https://www.opportunitymainstreet.com/

https://www.devinthorpe.com/

http://devinthorpe.substack.com

Go here to get 50% off on admission to SuperCrowd22: https://www.supercrowd22.com/mainstreetmainstreet

Socials:

Twitter: https://twitter.com/jennykassan

LinkedIn: https://www.linkedin.com/in/jennykassan/

Instagram: https://www.instagram.com/thekassangroup/

Twitter: http://twitter.com/devindthorpe

LinkedIn: http://linkedin.com/in/devinthorpe

thorpedevin@gmail.com

Additional Resource:

  • Angels of Main Street is a community of investors with no minimum wealth or income requirement to join.  If you’d like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street!

Episode Credit:

Intro and outro are voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com

Check out past episodes here!

Episode 45: What Happens When You Get Your First Yes From an Investor?

Episode 45: What Happens When You Get Your First Yes From an Investor?

In this episode, Jenny and Michelle discuss some of the unexpected things that can come up when you get your first yes from an investor and some tips on how to prepare.
For more on mindset challenges in fundraising check out Episode 6!

Get In Touch:

Website: https://www.jennykassan.com/

https://crowdfundmainstreet.com/

https://www.opportunitymainstreet.com/

Socials:

Twitter: https://twitter.com/jennykassan

LinkedIn: https://www.linkedin.com/in/jennykassan/

Instagram: https://www.instagram.com/thekassangroup/

Additional Resource:

  • Angels of Main Street is a community of investors with no minimum wealth or income requirement to join.  If you’d like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street!

Episode Credit:

Intro and outro are voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com

Check out past episodes here!

Episode 44: How To Determine Your Company’s Valuation And Projected Capitalization

Episode 44: How To Determine Your Company’s Valuation And Projected Capitalization

In this episode, Jenny and Michelle use a hypothetical scenario to describe how they help entrepreneurs determine (1) their company valuation; (2) how to price stock; (3) whether to set aside stock for future early employees; (4) how to calculate percentage ownership; (5) how to create a capitalization table; and more!

Get In Touch:

Website: https://www.jennykassan.com/

https://crowdfundmainstreet.com/

https://www.opportunitymainstreet.com/

Socials:

Twitter: https://twitter.com/jennykassan

LinkedIn: https://www.linkedin.com/in/jennykassan/

Instagram: https://www.instagram.com/thekassangroup/

Additional Resource:

  • Angels of Main Street is a community of investors with no minimum wealth or income requirement to join.  If you’d like to be part of a community of diverse investors who want to make a difference with their dollars, please join us in Angels of Main Street!

Episode Credit:

Intro and outro are voiced by Marina Verlaine. She can be contacted at reel.peach.vo@gmail.com

Check out past episodes here!

Creating a Regenerative Business Ecosystem

Creating a Regenerative Business Ecosystem

by Bennet Zelner

The centralized, disconnected pattern of our current economic systems facilitates the extraction of resources from individuals and communities to support the interests of one group – financial investors – above all others.

Giant corporations beholden to Wall St. have displaced local businesses on Main Street. The bulk of the economic value produced in local communities has been extracted by a remote set of corporate shareholders. The extraction of this financial capital means that it is no longer able to recirculate in local communities to fuel local investment. 

Just as shareholders are disconnected from the communities from which they extract financial returns from, corporate decision-makers – managers – are disconnected from the local ecosystems whose resources they’re making decisions about. Because managers are not embedded directly in these ecosystems – and because their primary incentive is to maximize shareholder profit – they make decisions about how to use local resources that don’t account for the health of these resources and their ability to regenerate themselves in the future. This is true not just for natural resources such as plants, air, and water; it is also true for human resources.

If we look at evidence from across countries, there exists a distinct correlation between income inequality on the one hand, and measures of both mental illness and addiction on other. This pattern reflects the combined, interactive effects of the extraction of financial and human capital. 

The extraction of social capital – the depletion of social networks – impairs the foundation of local economic activity, because such activity depends on dense social networks.

So we’ve got these multiple extractive processes facilitated by different forms of disconnection. The core problem is the disconnected, centralized pattern of relations that characterizes the economic and social systems supporting our individual and collective well-being. The solution is a pattern shift – a shift to a distributed, connected pattern, in which dense relational networks facilitate the metabolic recirculation of resources in order to support individual and collective well-being, and the ability of our systems to regenerate themselves. 

Shifting the pattern is challenging because the systems we have established sustain themselves through institutional structures that support the extractive pattern and impede the emergence of a regenerative one. 

Financing mechanisms that prioritize investor interests over all others are fundamentally incompatible with the metabolic, recirculatory resource flows that define regenerative approaches. Hockey stick returns and quick exits are fundamentally incompatible with regenerative approaches. Businesses that are beholden to traditional investor pressures thus face a major challenge in trying to emerge regenerative approaches.

So if we’re really serious about promoting the emergence of regenerative approaches, we need to develop a new, alternative business ecosystem that provides a container in which this emergence can happen. 

 

Bennet A. Zelner (Ph.D., University of California, Berkeley, 2001) is a professor at the Robert H. Smith School of Business.  His primary interests include inclusive models of economic development, distributed governance, regenerative economics, and mental healthcare delivery.