The Amazing Women of CrowdFund MainStreet
We want to introduce Crowdfund Mainstreet, RedHen Collective’s Direct Public Offering investment platform. We met the amazing women who founded Crowdfund Mainstreet, Michelle Thimesch and Jenny Kassan, nearly two years ago at one of Jenny Kassan’s conferences for women entrepreneurs working to raise mission-aligned investments for their businesses.
Jenny’s trainings are more than talk; her toolbox for innovative finance is formidable. In fact, while serving on the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies, Kassan submitted the petition to the SEC that led to the passage of the 2012 JOBS Act, which made Direct Public Offerings like RedHen’s possible. These new federal regulations are a game changer.
It was no accident that we met Michelle Thimesch at Jenny’s conference. An attorney who had been working on economic revitalization in the East Bay area for years, Michelle arrived that day with Crowdfund Mainstreet already in the works. Both Jenny and Michelle lead with missions of their own: get women entrepreneurs out of the bootstrap trap and move money off Wallstreet onto Mainstreet - back into the hands of the people and local economies. You couldn’t ask for a more potent pairing.
Crowdfund Mainstreet isn’t the first regulation crowdfunding portal (a platform regulated by the SEC to sell securities to the public), but they are the first and only to exclusively serve social impact businesses and social impact investors. For RedHen and the other visionary entrepreneurs whose DPOs launched together on CMS this month, there was no question. Crowdfund Mainstreet is the investment platform for the new economy.