The Nation’s First Community Round Match Fund

The Nation’s First Community Round Match Fund

For 80 years, U.S. securities laws prevented the vast majority of Americans from investing in startups. Retail investors could invest in public companies like Starbucks on Wall Street, but not in their neighborhood coffee shops on Main Street. They could “invest” $10,000 on the spin of a roulette wheel in Vegas or a horse in the Kentucky Derby, but not in their friend’s tech startup. They could “back” a startup on Kickstarter, but they couldn’t own that startup’s equity.  

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Reconstruct Challenge Playbook

Reconstruct Challenge Playbook

Faulty systems have contributed to the exclusion of a significant portion of the US population from our economy. From employment and criminal justice to our housing infrastructure and healthcare, systemic flaws perpetuate inequality and hinder upward mobility. This playbook outlines our decision-making and lessons learned as we developed the Reconstruct Challenge with venture philanthropy principles in mind.

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