DRAFT MUSINGS – not yet a post
One of the flaws in today’s companies is the disconnect between shareholder & management.
Shareholder wishes are caricatured into “more money, faster” or “no risk, please”. With local financing the shareholders have a presence and a voice that makes them real people. Yes, actual people. The business managers responsibilities are then to people not cartoon shareholders. makes it easier to do the right thing.
Here is an article from Yes Magazine on local financing of a bookstore and restaurant. And another on the broad concept of community financing
What’s missing, or perhaps is simply yet to emerge, is a handy support system for such financing.
What might be the desired range? Say $100,000 – $1,000,000.
There could be a simplified version for under $100,000K