Top 10 Local Investing News of 2023
Readers of The Main Street Journal: Thank you for contributing to our first-ever Top 10 List of Local Investing News by voting with your clicks. Enjoy this list, and keep voting with your clicks in 2024!
(From lowest to highest number of clicks.)
#10: Is Acquisition The Answer To Building Wealth For People Of Color?
New Majority Capital’s efforts to help BIPOC entrepreneurs build wealth through the acquisition of legacy companies.#9: Worker Co-ops in Health Care: Lessons from the Field
Several worker-owned healthcare cooperatives are challenging the dominance of increasingly powerful hospital groups and private-equity-run healthcare networks.#8: The Case for Revenue-Share Crowdfunding
Justin Renfro at WeFunder outlines what he learned from talking to 100 venture capitalists with an eye for early investing. #7: Community Land Trusts Create New Homeowners
A New York Times piece about the virtues of community land trusts in providing affordable housing.#6: Diversified Community Investment Fund: Democratizing Capital
Brian Beckon of Cutting Edge Capital lays out the details of this fund invests in real estate projects and also allocates up to 40% of its capital to the businesses that are using the real estate. #5: Regenerating Investment in Food & Farming: A Roadmap
An amazing, comprehensive argument for restructuring the Australian food system. #4: MSJ Launches Investing Offerings List
If you’re serious about moving your money out of Wall Street—and you should be—we are going to make it easier for you. We added a new feature—a regularly updated list of new local investment opportunities across the United States. #3: A Perpetual Purpose Trust For Intellectual Property
Zingerman’s Community of Businesses has been a local food pioneer since it first opened its doors as a small delicatessen in Ann Arbor, Michigan over four decades ago. The company is breaking new ground again by establishing a Perpetual Purpose Trust to benefit its employees.#2: A Rural New Deal
A group of thoughtful rural leaders released this report that suggests how empowering rural America could make it more self-reliant and a beacon for communities across the country.And at the TOP of our list 🥁
#1: Extra! Extra! The Main Street Journal Goes Weekly in 2024
We asked whether you would be willing to pay $10 per month for an additional issue of the MSJ called the MSJ Extra! (we currently publish every other week). We were blown away with your responses. More than 600 registered opinions — and 542 said “yes” to this plan.
Finally, I want to offer thanks for two recent gifts to The Main Street Journal from the Wallace Global Foundation (thank you, Ellen Dorsey) and the Bondi Foundation (thank you, Tom Bible), which will ensure our continued growth over the coming year. And to Wendy Wasserman, our strategic advisor, who is about to travel around the world for a year (bon voyage!). Also, thank you to our many readers who have donated as well. If you want to join them, please click here to give.
Happy New Year!