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What is a Social Enterprise?

Up and Running

An excellent example of a social enterprise is The Empowerment Plan —an organization that hires people currently living in homeless shelters to create a combination winter coat, sleeping bag, and over-the-shoulder bag, which is then distributed to the homeless of Detroit free of charge. B corp, or Benefit Corporation. Social Enterprise UK .

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What is an L3C?

Up and Running

Currently, you can form an L3C in Illinois, Kansas, Louisiana, Maine, Michigan, North Dakota, Rhode Island, Utah, Vermont, and Wyoming, and in the federal jurisdictions of the Crow Indian Nation of Montana, and the Oglala Sioux Tribe. Pros of The L3C Structure. The L3C: Coming to a state near you?

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Investing Outside The Bay Area

Haystack

Fred and his partners Albert, John, Andy, before Brad, now Rebecca have operated headquartered out of New York City, and have invested successfully near home (Esty, MongoDB, Kickstarter), in the Bay Area (Twitter, Coinbase) and in Europe (SoundCloud). Global and Local. On the ground, I am seeing more hybrid solutions.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. North Carolina. North Dakota.