I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.

My Pick of the Week: Renegade Running

Every Friday, I pick an investment opportunity from the list of offerings that my colleague Chandan prepares and publishes on Monday. I’ll look for both social impact and investment profit potential.

This week’s pick is Renegade Running, sporting goods retailer with one location in Oakland, California, expanding to Los Angeles with the proceeds. The company, owned by self-identified BIPOC founder, is raising capital on SMBX.

Here’s what I like most about this offering:

• Social Impact: Renegade Running celebrates and cultivates diversity in the running community, serving the majority of runners who are not middle-aged white dudes (like me). By encouraging a health and wellness activity—running, the company has a positive impact. Furthermore, Investing in a business located in Oakland, a community with demonstrate…

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Originally Published on https://www.superpowers4good.com/

Devin Thorpe Champion of Social Good

Devin is the CEO of The Super Crowd, Inc., a public benefit corporation helping diverse founders and social entrepreneurs raise capital via impact crowdfunding. He is also a bestselling author who calls himself a champion of social good. His most recent book, How to Make Money with Impact Crowdfunding, is an investment guide for everyone. He has produced about 1,500 episodes of his show 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.