"Worker-Owned Businesses Are Having a Moment": Seed Commons featured in Bloomberg Businessweek
03/31/2021
Posted in: In the media
Seed Commons and local network member the Baltimore Roundtable for Economic Democracy were featured in Bloomberg Businessweek:
...impact investors are “looking for places that can hold their savings and use it to build a more just economy,” says Brendan Martin, co-director of Seed Commons. Part of the idea is to work a little bit like Wall Street, pooling the money into a diversified loan portfolio. “If you’re one company looking to borrow money, you better have a house or something” to put up as collateral, says Martin, who worked on Wall Street in the early 2000s and later participated in Occupy Wall Street. “If you can say, ‘You’re not investing in a business, you’re investing in a fund that has a thousand businesses underlying it,’ then you’ve got a shot.”
Read the article: "Worker-Owned Businesses Are Having a Moment" (Lawrence Lanahan, Bloomberg Businessweek, March 31, 2021)