Hatch The Future

Cultivating Community Capital - A discussion with NextSeed Co-founders Youngro Lee and Abe Chu   In this episode Youngro Lee Amy Pearl speaks with Youngro Lee and Abe Chu, co-founders of NextSeed, a Texas-based marketplace where "anyone can invest in local businesses and earn solid returns".  After the recession, Youngro left his job and started Nextseed to address the capital gap and answer the question “How do we give people access to capital?”. Youngro and Abe dive into the deeper reasons behind the movement towards crowdfunding and community capital.   In this episode you’ll learn:   The pain and the benefits of private investing (and why it’s difficult and costly to do a public offering). Why access to capital matters. Historic examples of community investing, and how the concept can be successfully applied to American capitalism. Why Youngro and Abe consider themselves matchmakers. The biggest challenge with educating entrepreneurs. Why a business plan for a community public offering nee