Crowdfunding’s Evolving: The Next Big ‘Profitable’ Thing
Friday, September 20, 2013
By Mark Courtenay
NEW YORK (TheStreet) — It seems like ages ago that nascent start-ups like Facebook (FB_)and LinkedIn (LNKD_) were reinventing how billions of people around the globe would stay both socially and professionally connected.
It’s called “crowdfunding” and it now includes a company that has taken the concept to a new level. GATE Impact Investing is reaching out to socially conscious investors who want to participate in the financial success of companies that benefit humanity and the well-being of the world around us.
I spoke with GATE CEO Vince Molinari, before his two-day summit at the United Nations in New York (more on that later), and learned that this is no typical crowdfunding venture. GATE has created both a system and a trading platform for “investors who want their investments to make a positive difference” as the CEO described it.
Molinari says GATE Global Impact “is an impact-investing focused, electronic, regulatory-compliant marketplace that provides market infrastructure and related services for the emerging impact-investment industry.” It’s all about making a positive financial “impact” in the world’s many markets.
- impact investing