ZaneSelvans,
@ZaneSelvans@social.coop avatar

I do like the idea of being able to invest in smaller sustainability and community oriented companies directly. Say, a small urban delivery company that uses cargo e-bikes through a crowdfunding platform. And apparently I'm not alone!

https://cyclingindustry.news/cargo-bike-logistics-firm-pedalme-crowdfunds-again-to-meet-rapid-expansion/

ZaneSelvans,
@ZaneSelvans@social.coop avatar

But especially in the case of small companies with not purely financial goals, keeping investing expenses low and packaging up a portfolio of investments that's diversified across sectors and locations is extremely important. Because:

https://www.cyclingweekly.com/news/london-cargo-bike-delivery-company-pedal-me-enters-administration-but-future-secured

ZaneSelvans,
@ZaneSelvans@social.coop avatar

"London-based cargo bike delivery service Pedal Me entered administration last week, after it failed to reach a deal with the British tax authority, HMRC, over debts. The business was then bought back from administrators, meaning it will continue trading.

However, crowdfunding investors who put money into the start-up have been left with nothing"

elduvelle,
@elduvelle@neuromatch.social avatar

@ZaneSelvans “Pedal Me” 😂

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