[p2p-research] peer-based financial systems

[Michel Bauwens]

thanks I understand,

I'm not very expert (not at all <g>), on finance,

Michel

On Wed, Dec 23, 2009 at 11:27 PM, Suresh Fernando <
suresh at radical-inclusion.com> wrote:

> Michel,
>
> Thanks for bringing this to my attention. This development relates to the
> markets for existing socially responsible securities as well as companies
> that tend to trade on those markets - secondary markets.
>
> Our focus is on the origination of the securities - getting money into
> projects - *primary markets.* We'll worry about how to trade them in a few
> years.
>
> Also note that the definition of 'small to medium sized companies' are
> those that have $250 million in revenues!
>
> We're interested in the very first stage of financing - the seed stage.
> This is the part of the market that is not properly serviced.
>
> Suresh
>
>
> On Tue, Dec 22, 2009 at 1:55 AM, Michel Bauwens <michelsub2004 at gmail.com>wrote:
>
>> Hi Suresh,
>>
>> are you aware of this development, regarding your pooled funds project:
>>
>> Hazel Henderson:
>>
>> "When the collapse came, some like-minded investors and traders had
>> already begun to build new exchanges from the bottom up. An underlying
>> infrastructure already existed in the form of alternative trading systems
>> (ATS). ATS are electronic markets such as Instinet and Archipelago,
>> regulated by the SEC, that broker financial products outside traditional
>> stock exchanges. The socially responsible trading networks, which use the
>> ATS infrastructure as a platform, are new marketplaces where investors and
>> companies can meet. They screen for ESG criteria, and they attract primarily
>> nonspeculative long-term investment.
>>
>> One such new marketplace is Entrex, an “entrepreneurial exchange” based in
>> Chicago and focused on companies with less than US$250 million in annual
>> revenue. Another private liquidity network, called Wall Street Without
>> Walls, links credit unions and community development financial institutions
>> to companies. Three electronic peer-to-peer lending sites — Prosper Loan
>> Marketplace in the U.S.; Zopa in the U.K., U.S., Japan, and Italy; and
>> Qifang in China — as well as hundreds for microlending (including
>> MicroPlace, Kiva, Accion, and Women’s World Banking), are filling a huge
>> need worldwide. An index of private green companies in Brazil is now in the
>> planning stage with Entrex and the green broker-dealer Iowa Progressive
>> Asset Management.
>>
>> Consider the cultural DNA of exchanges founded along these lines. They are
>> as robust as Wall Street in their back-office efficiency and their clearing
>> and settlement provisions, but they have far less overhead. They trade in
>> small and midsized enterprises: the 400,000 companies that provide most of
>> the jobs in the United States. These companies are generally privately held;
>> they tend to be unattractive to short sellers and market manipulators and
>> leery of venture capital and private equity. Many have no interest in making
>> an initial public offering on Wall Street.
>>
>> These new marketplaces are less regulated than the public markets.
>> Investors are protected by the screening, the enhanced transparency, and the
>> disclosure requirements that constitute the wall of the garden. The networks
>> work because the people inside the gates can trust one another. Corporate
>> books are kept open and collectively scrutinized, and the emphasis on
>> socially responsible investing makes it more likely that these companies
>> will do well." (http://www.strategy-business.com/article/09314?gko=dc5ea)
>>
>>
>>
>> --
>> Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Think
>> thank: http://www.asianforesightinstitute.org/index.php/eng/The-AFI
>>
>> P2P Foundation: http://p2pfoundation.net  - http://blog.p2pfoundation.net
>>
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>>
>>
>>
>>
>>
>
>
> --
> Suresh Fernando
> WEBSITE: http://radical-inclusion.com
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> BLOG: http://sureshfernando.wordpress.com
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> 604-889-8167
>



-- 
Work: http://en.wikipedia.org/wiki/Dhurakij_Pundit_University - Think thank:
http://www.asianforesightinstitute.org/index.php/eng/The-AFI

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