New Impact Offerings, Empowering Neurodivergent Individuals, Safe Is a SAFE? and Empowering Women Through Ridesharing
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Green Compass Featured Among New Impact Offerings – July 29, 2024
Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered Crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings determined by our proprietary analysis.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
Sometimes, it takes weeks for our source to determine that a company has a social impact, a woman, minority or LGBTQ founder. When we discover an offering qualifies for our list, even if it is no longer new, we will include it. See the lists below.
Empowering Neurodivergent Individuals to Thrive in Social Situations
tl;dr:
Introduction and Mission of IRL Social Skills: Mara Mcloughlin, founder of IRL Social Skills, explains that the program helps autistic and other socially struggling individuals (teens, young adults, and older adults) to initiate, cultivate, and sustain Relationships. The program focuses on teaching social skills in a safe, community-based environment.
Success Stories and Teaching Methods: Mara shares success stories, including a teen who gained friends and an adult who improved their professional social skills. She describes teaching methods such as using small talk strategically to find common interests, giving appropriate compliments, and fostering genuine connections.
Challenges and Strategies in Social and Romantic Interactions: Mara discusses the challenges neurodivergent individuals face in social and romantic interactions. She emphasizes the importance of building basic friendship skills, understanding and interpreting body sensations, and developing strategies to manage social interactions effectively.
Business Model and Crowdfunding Campaign: IRL Social Skills operates as a for-profit business and is raising investment capital through a crowdfunding campaign on SMBX. Mara encourages people to learn more about the offering on the SMBX website.
Mara’s Superpower and Empathy: Mara identifies empathy as her superpower, sharing a personal story of helping her partner recover communication skills after a Stroke. She offers advice on developing empathy by reflecting on how one would feel in others’ situations and the importance of somatic understanding.
How Safe Is a SAFE?
Today, I’m going to dig into a fairly nuanced area of crowdfund Investing. If you’d like to make more Money with your money by investing directly in private companies—and who doesn’t—please invest the time to learn more about SAFEs.
What Is a SAFE?
A SAFE is a Simple Agreement for Future Equity. The idea gained traction after the prestigious Y-Combinator accelerator began using a standard form of the instrument for its early-stage Silicon Valley startups.
The Securities and Exchange Commission published this definition with an embedded caution:
A SAFE is an agreement between you, the investor, and the company in which the company generally promises to give you a future equity stake in the company if certain trigger events occur. Not all SAFEs are the same and the very important terms governing when you may get the future equity may vary across the SAFEs being offered in different crowdfunding offerings. Despite its name, a SAFE may not be “simple” or “safe.”
Note that the emphasis is in the original document.
Empowering Women Through Ridesharing: Kimberly Evans’ Vision for Safety and Community
tl;dr:
Introduction and Business Overview: Kimberly Evans is the CEO of Just Her Ride Share, a women-centric ride-sharing and community mobility company prioritizing women’s safety, comfort, and empowerment. The company aims to create a safe space for women by employing female drivers and serving female passengers.
Business Development and Growth: Just Her Ride Share started during COVID, allowing time for market research and development. The company launched in 2022 with a soft launch and a hard launch in 2023. It has seen significant traction with thousands of sign-ups, high customer retention, and repeatability rates despite minimal marketing expenditure.
Community and Customer Focus: The company emphasizes community and treats both drivers and customers as part of a supportive network. This approach has resulted in customers willing to pay a premium for the service and drivers receiving 75% of every fare, higher than industry standards, fostering loyalty and reducing churn.
Market Potential and Expansion Plans: The ride-sharing industry has significant market potential, especially among women who often avoid ride-sharing at night due to safety concerns. Just Her Ride Share plans to expand beyond Charlotte, North Carolina, into cities like Atlanta, Miami, and Washington, D.C., driven by word-of-mouth demand.
Capital Raising and Future Vision: Kimberly Evans highlights the importance of raising capital to scale the business, improve market visibility, and expand into new cities. The company is using Wefunder for crowdfunding and aims to increase brand awareness and customer acquisition through strategic investments in marketing.
How to Make Money with Impact Crowdinvesting with Devin Thorpe
This podcast was originally shared here: Capital Insight by By Jenny Kassan & Michelle Thimesch
Jenny interviews Devin Thorpe, a Finance professional and impact crowdfunding advocate, about the keys to making money AND impact as an investor in investment crowdfunding offerings. And, as an entrepreneur, how do you make your crowd offering appealing to investors?
To attend the next Impact Cherub Club meeting where the members do due diligence on crowd offerings as a team, go to ImpactCherub.com.
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on August 20, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
SuperCrowdHour, August 21, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At this month’s webinar, Devin Thorpe will provide a “Step-by-Step Guide to Raising Capital from the Crowd.”
Recently, we created an AI GPT to help you learn more about The Super Crowd, Inc., a public benefit corporation, and our upcoming events. Click here to try it.
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET – Click on Events
Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 – November 19, 2023.
Crowdfunding Professional Association, Summit in DC, October 22-23
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.
Originally Published on https://www.superpowers4good.com/
