Fund sells stakes in founders’ personal income
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A truism among venture capitalists is that not only do they invest in promising business concepts; they also “invest in people.” Seeking to make that premise literally true, three social entrepreneurs recently united to form Thrust Fund, an online marketplace for personal investments. In an effort to generate growth capital for their social enterprises, the trio are using the site to offer up equity in their life's earnings in exchange for an unrestricted upfront cash investment. Valuing themselves at USD 10M, Saul Garlick, founder of ThinkImpact, and Jon Gosier, founder of AppAfrica are each offering 3 percent of their future…
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