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Social Stock Exchange in the news

Both the Times of London and the Financial Times are carrying stories about Mark Campanale’s Social Stock Exchange and the support it’s getting from both the Rockefeller Foundation and the UK government. The Times highlighted government support and the FT the funding event. I will be having lunch with Mark this week after the Skoll Forum, and look forward to hearing more. The Skoll gathering is a highlight of the year. Social entrepreneurs are surrounded by 700 other people who don’t need a long explanation of what you are doing and how it’s different from traditional business or non profits. You feel like this is something big, something real, and something important. For many of us who work as sometimes lonely pioneers, its a real rush. We’re trying for something like the same thing, but with more sources of capital at the table for our fall event.

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2 responses for this post


Over the weight limit … « ThinkChange India says:

[…] Not content with simple indexes, one visionary is trying to build a social stock exchange. Source: Xigi.net […]

 

David Kam says:

We are setting up North America’s first social stock exchange connected to a green social network at: http://greensx.com, which will be launched in the Summer of 2008 to begin trading. It will trade shares in social businesses. A social business is a business that makes a profit, but benefits society as well. We have a triple bottom line (economic + social + environmental).

Since all the listed companies on the exchange are pre-screened, evaluated, and audited according to social and sustainable guidelines set by the exchange, it will make it much easier for green investors to find and support social businesses. The GREENSX provides opportunities for small green Issuers to access public equity capital efficiently, while providing early stage investors, angel investors, and venture capitalists with greater liquidity.

We have been working on the Green Stock Exchange, even before Muhammad Yunus’s book came out. We have not made any press releases yet, so nobody knows about it yet. It is till in the beta stage testing. Check it out at: http://greensx.com.

 

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