Blog

Banking-as-a-Service is a Missing Link in the Coronavirus Recovery

April 10, 2020

There are substantial inequalities baked directly into the current banking infrastructure, which have been magnified due to the emergence of the coronavirus. In 2017, 8.4 million American households were underbanked, which poses a tremendous logistical barrier for the coronavirus relief efforts. Not having access to a bank account means that some Americans could be waiting…

Small businesses need to get the best shot at success after coronavirus

April 4, 2020

“I’m from the government and I’m here to help” has taken on a whole new meaning Money upfront and fast During the Great Recession, small businesses in 16 metro areas accounted for over 90% of total job losses. They were hit the hardest in 2008. This is why small businesses typically need the most government…

Crowdfunding Might Just Be Plan B for Small Businesses Without Rona Relief

March 25, 2020

It seems the capital markets aren’t even pretending to be for anyone but the 1% anymore. Stimulus packages bestowed upon airlines, Wall Street and corporations will likely be more generous in comparison to aid for the little guys (and gals). That’s a shame, because in the US, small businesses account for 99.7% of all employers…

Coronavirus Quarantine: The Genesis of the Next Big Startup?

March 18, 2020

Peak 2020 Quarantine has created delightful Shakespeare plague memes which make us laugh, but they also have a point. Many people struggle to carve out uninterrupted time throughout their hectic lives to sit down and write that screenplay or finalize the business plan for the sidegig they passionately devote time to during the week. With…

The Opportunity Cost of Investing in Homogeneity

March 10, 2020

Crowdfunding is looking like it could be the antidote *bangs head against desk* We know that multicultural workplaces can expect to generate 19% more revenue and outperform competitors by 35%. Yet, check-writing VCs still aggressively favor white men who graduated from Stanford.  Even if they didn’t graduate from Stanford, if at all, white guys funding…