21 Aug '12, 12pm

Smallknot: Small business investing for anyone

At its core, Smallknot just stemmed from witnessing the madness of the financial system from the inside and understanding the value of small businesses in our communities. Ben and I had spent years deep on the legal side of the financial world of investment banks, billion-dollar deals and massive global capital flows. We lived and played in local restaurants, retail, bars and other spots, but until the collapse of Lehman and the credit crunch that decimated the small business economy, we had always taken the vitality of our neighborhoods for granted. There was just a moment when we stepped back and realized that it was simple to move all of our retirement savings and investments into huge companies across the world, but there was no way to take the smallest bit of capital and invest it into the small business 50 yards away. That felt ridiculous. My local coffee shop and bo...

Full article: http://www.mnn.com/money/sustainable-business-practices/b...

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