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  • 3. SOLUTION: Flip the standard funding model on its head. Vetting process
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  • 33needs presentation

    1. 1. Source: NASA<br />
    2. 2. 2<br />
    3. 3. we enable everyone<br />
    4. 4. March 22, 2010<br />© 2010 AP Photo/Color China Photo/Li Huang<br />
    5. 5. to invest in social enterprises<br />
    6. 6. here’s how it works:<br />
    7. 7. there’s a 21-year-old college student in Los Angeles, CA<br />
    8. 8. his name is Jake<br />
    9. 9. 9<br />
    10. 10. Jake has $30<br />
    11. 11. there’s a 21-year-old college student in Malawi, Africa<br />
    12. 12. his name is William<br />
    13. 13. 13<br />
    14. 14. William has an idea<br />
    15. 15. 15<br />
    16. 16. their connection is our mission<br />
    17. 17. to answer the most important ? of our time: <br />
    18. 18. 9 Billion People + 1 Planet = ?<br />
    19. 19. 19<br />not with<br />
    20. 20. apathy <br />
    21. 21. our answer?<br />
    22. 22. 22<br />100 million solutions<br />
    23. 23. Jake, meet William<br />
    24. 24. 33needs flips the start-upfunding model on its head<br />
    25. 25. it’s called crowd-funding<br />
    26. 26. Number of social enterprises 33needs will fund by year four:<br />Number of ventures (social or otherwise) funded by more than 100 people during the previous 70 years:<br />
    27. 27. how?<br />
    28. 28. a social entrepreneur creates a profile on 33needs.com<br />
    29. 29. 29<br />
    30. 30. what’s a social entrepreneur?<br />
    31. 31. n.,1. a pioneer of innovative solutions for the planet<br />
    32. 32. William is one<br />
    33. 33. William builds windmills that provide energy + clean water<br />
    34. 34. 34<br />
    35. 35. thousands of entrepreneurs think like William::<br />
    36. 36. “I find out what the world needs, then I proceed to invent.”<br /> Thomas Edison<br /> September 23, 1889<br />
    37. 37. 37<br />what do they care about?<br />what do they want?<br />
    38. 38. clean water<br />sustainable food <br />community<br />clean-energy<br />education for all<br />global health<br />opportunity<br />
    39. 39. back to William<br />
    40. 40. William needs seed capital to scale his impact <br />
    41. 41. William: “I want to harnessthe wind across Africa.” <br />
    42. 42. from his profile, he chooses a $10,000 “funding target”<br />
    43. 43. then he chooses to share 3% of his revenue with investors<br />
    44. 44. your turn, Jake<br />
    45. 45. Jake explores a few of the 33 profiles on 33needs.com<br />
    46. 46. the ideas are organized into 8 “big need” categories<br />
    47. 47. communityhealthopportunitywatersustainable foodenvironmentenergyeducation<br />
    48. 48. what’s a big need?<br />
    49. 49. hint: it’s urgent. for example:<br />
    50. 50. 50<br />One of the 70 billion animals suffering behind the walls of factory farms<br />(2)<br />
    51. 51. Haizi Town, Luliang, Yunnan Province<br />March 22, 2010<br />Climate change responsible for massive droughts and water scarcity <br />© 2010 AP Photo/Color China Photo/Li Huang<br />
    52. 52. 52<br />One of the 34 million girls living on the street instead of learning in a classroom<br />
    53. 53. back to Jake<br />
    54. 54. he finds William’s magetsi a mphepo – “electric wind” idea <br />
    55. 55. he likes this “invest in a better world” thing <br />
    56. 56. 56<br />
    57. 57. Jake invests $30 (or 3 “parts”)in William’s idea<br />
    58. 58. FYI: Jake can invest in steps of $10 (“the part price”)<br />
    59. 59. he is now a “Believer” (also pondering his own big idea)<br />
    60. 60. Who (or what) benefits from Jake’s investment?<br />
    61. 61. 61<br />(1)<br />
    62. 62. William has seed $ to grow his purposeful business model <br />
    63. 63. 63<br />(2)<br />
    64. 64. Jake receives a small % of William’s future revenue<br />
    65. 65. 65<br />(3)<br />
    66. 66. 33needs receives 5% of the established funding target <br />
    67. 67. 67<br />(4)<br />
    68. 68. the world has a solution<br />
    69. 69. 69<br />
    70. 70. remember<br />
    71. 71. this is not charity<br />
    72. 72. business can change the world<br />
    73. 73. 73<br />join us at <33needs.com><br />

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