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Devin Thorpe
Works at Self Employed
Attended Cornell University
Lives in Salt lake City, UTah
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Devin Thorpe

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Read the full Forbes article and watch the interview here: http://onforb.es/1EW8aKM.

Ranked #369 on the Forbes list of billionaires, Shari Arison is passionate about doing good business–and she means good.

Her bestselling book Activate Your Goodness shared her take on the impact of doing good on people. Her new book, The Doing Good Model, provides a thoughtful look at 13 values that are intended to help business leaders rethink their impact on individuals, their communities and the globe.

One of the most intriguing values that Arison puts forward in her book is “purity.” She explains it in the book, “Think of the many types of behavior that can affect you as a human being as well. For example, you might ask yourself, what am I putting in my body–is this good for me or not? What am I listening to? Is it something that is uplifting like music, or is it gossip that is unkind?”

Her thoughts on volunteering sound conventional to nonprofit leaders, I suspect, but may strike business leaders as a flash of insight. She says in the book, “The most motivated volunteers are the ones with passion for the cause.”
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Billionaire Offers Tips; Some Will Surprise You
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Devin Thorpe

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Read the full Forbes article and watch the interview here: http://onforb.es/1F4dMcj

Thirty days ago, when I scheduled this interview with Alan Monroe, the Interim Executive Director of ShelterBox USA, this was intended to be a standard profile of a social entrepreneur making a difference in the world. Then an earthquake hit in Nepal and changed everything.

Shelterbox is one of many organizations providing relieve to Nepal, where I happened to spend a week volunteering, just six weeks ago.

With millions displaced from their damaged or destroyed homes, shelter is an acute need in Nepal. With millions displaced from their damaged or destroyed homes, shelter is an acute need in Nepal.

Monroe explained, “On average, ShelterBox deploys to a country every other week. Many [deployments] never hit the news cycle. Whether it be the major disasters like the Haiti earthquake or the Indian Ocean Tsunami that capture America’s attention or the flooding in small villages on the banks of the Amazon, ShelterBox is there.”

“Our primary focus is the beneficiary and their needs during an incredibly trying time of their life. I was in Indonesia after a volcano eruption and we had just set up an aid camp for 100 families who had no place to go. As I was checking the lines and the setup of the tents, I looked inside and saw the families looking through the box. I can remember one child picking up the stuffed bear and smiling. About that time, the father came out and grabbed me by my arm and said ‘Thank you, Thank you’ in Indonesian. It hit me, that this piece of equipment had already become their home–just like that,” he concluded.

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With Millions Displaced, ShelterBox Has Essential Relief For Nepal
Wed, May 6, 12:00 PM
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This should be an interesting discussion with Seed Equity founder and CEO Todd Crosland. Tune in if you can.
 
Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1GeY0bD.

In the three years since the JOBS Act was signed into law by President Obama, the world has seen a tremendous proliferation of equity crowdfunding sites. Many, however, anticipated a more rapid implementation of the Act’s Title III rules for investment crowdfunding from ordinary investors. A small group of companies organized themselves as broker-dealers under the old rules and are now doing business. Seed Equity is one of this breed.

Founder and CEO Todd Crosland says, “Seed Equity was built by successful and experienced entrepreneurs and investors, who aren’t only experts in the industry, but have a passion for it. Seed Equity currently has investors, entrepreneurs and members in over 90 countries and has made one international investment to date in a startup that is based in London and came out of the Tech Stars London accelerator.”

“The company’s goal is to connect startups and growth companies with investors from around the world. Those investors can then like, follow, mentor and invest in these startups, which may have the ability to possibly make a large impact,” Todd continues.

Like the other broker dealers in the space, Seed Equity screens deals carefully. “Our investment committee does its due diligence when vetting companies wishing to raise capital on Seed Equity’s platform. That due diligence includes a background check on all officers, directors and 20% shareholders. After that’s completed, then and only then, can a company list their offering on our platform,” Todd says.

There is growing excitement in the industry about “Regulation A+” and Seed Equity intends to be a player in that space as well. “New SEC rules known as Reg A+ provide significantly higher fund raising levels of up to $50m in a 12 month period and provide a landmark attempt by the SEC to allow non-accredited investors to invest alongside institutions and accredited investors. Seed Equity Ventures will look to utilize this new rule as an option for companies it raises capital for,” Todd concludes.

The platform is an appropriate place for social entrepreneurs to raise capital, especially when they have a great technology and growth prospects.

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Seed Equity CEO Joins GoodCrowd.info for Live Interview
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Devin Thorpe

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Read the full Forbes article and watch the interview here: http://onforb.es/1D8qiQt.

The current record for a single day crowdfunding event was set on May 6, 2014 at $53 million. On May 5th, 2015, nonprofit organizations across the country will work to break that record using the online platform Kimba for the second annual Give Local America event.

The remarkable program will involve thousands of nonprofits, each promoting its own cause. Some community foundations organized nonprofits in their respective communities for a collaborative effort, like the Seattle Foundation, which raised over $12 million with the nonprofits in its community.

The current record for a single day crowdfunding event was set on May 6, 2014 at $53 million. On May 5th, 2015, nonprofit organizations across the country will work to break that record using the online platform Kimba for the second annual Give Local America event.

The remarkable program will involve thousands of nonprofits, each promoting its own cause. Some community foundations organized nonprofits in their respective communities for a collaborative effort, like the Seattle Foundation, which raised over $12 million with the nonprofits in its community.

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2nd Annual 'Give Local America' Hopes To Beat 2014's $53 Million In One Day
Wed, April 22, 3:00 PM
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Devin Thorpe

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Here is the link to the Forbes post for tomorrow's interview: http://onforb.es/1AdTKKq.

Andrea Sreshta and Anna Stork, founders of LuminAID, were offered deals from all five of the investors on ABC’s Shark Tank earlier this year; they successfully closed a deal with Mark Cuban.

Perhaps what made them both different and successful on the show, was a focus on social entrepreneurship, a double bottom-line that balances making a profit with having an impact for good. Their solar lights are not only terrific for camping, but perfect for long-term use in areas without power and great for use when power can’t be relied upon for evening studies. One of their largest customers is ShelterBox, featured here a few weeks ago.

Visit their site to buy and/or give a LuminAID.

Sreshta explains, “LuminAID’s core technology–solar lights that pack flat for ease of distribution– was created to address both the need in an emergency and to make it easier for aid workers to distribute supplies on the ground.”

She adds, “We have learned a lot from working with our NGO customers and partners like Shelterbox. They put out our lights into some of the toughest areas and situations in the world, so we like hearing from them about what worked, what worked less well, and how we can continue to support their efforts.”

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These Women Wow Shark Tank, Get Cash, Light Up The World
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Read the full Forbes article and watch the interview here: http://onforb.es/1Fiu80U

Bishnu Adhikari leads the Nepali efforts of CHOICE Humanitarian, a nonprofit that seeks to end extreme poverty around the world. Since the 7.8 magnitude earthquake on April 25 and the major aftershock of 7.3 magnitude today, CHOICE has been refocusing its short-term energy on emergency relief. Adhikari’s story was told in 2014 in a feature film called Meet the Mormons.

The tragedy in Nepal has a personal feel to me. In March, I visited Nepal and spent several days in a remote village with Adhikari helping village families install clean, wood-burning stoves in their homes to replace their open indoor fire pits. I have been worried about those people ever since. I reported on my trip here. Two weeks ago, I did a piece about the work of Effect.org in the immediate aftermath of the earthquake and last week did a story about ShelterBox providing relief to victims who’ve lost their homes.

Adhikari is philosophical about the tragedy in his homeland, “It’s a difficult situation but I am not discouraged. I know life has ups and downs. Sometimes we go through these situations for our personal learning. I am grateful I am here and will do whatever I can in my capacity. There are so many things to be grateful for.”

The ongoing work in Nepal will continue, Adhikari explains, “Nepal LIFE is an initiative by CHOICE Humanitarian to end extreme poverty in a designated area that can be replicated worldwide. It’s both exciting and humbling to be part of this effort.”

He celebrates the success of the program to date, “There are so many wonderful stories about individuals and families we have worked with that are no longer living on $1.25 a day.”

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Nepali Nonprofit Leader: 'I'm Not Discouraged'
Wed, May 13, 12:00 PM
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Wow bless to jah for myloaded in here...
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Devin Thorpe

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Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1OVewoH.

Recently, I came across a Kickstarter campaign for the Endless computer and it really got me excited. While I often back Kickstarter campaigns, this was the first time I did so just to get in touch with the founders so I could talk to them on my show!

Matt Dalio is the genius behind Endless. He explains the company mission this way, “Ask a person in the developed world whether people in emerging markets want computers, and their guess will often ‘why would they need it?’ Then ask someone in the developing world whether they want a computer and they will tell you ‘of course I want a computer!’ People who can’t afford today’s computers want the same things we do, they just want it to be made for them. Currently, that’s not an option, and that’s where Endless comes in.”

“To have truly scalable impact, we need a scalable business model. The sort of scale that one can achieve is much harder as a non-profit. To use a crude measure of impact, to raise a million dollars as a non-profit is hard and to raise a hundred million dollars is virtually impossible,” he continues. “However, if one can generate a profitable return on investment, those resources are readily available. Most importantly, if people can buy the devices, you can reach a whole lot more people than if you have to donate them.”

Matt concludes, “While the market for technology in emerging markets is competitive, Endless has opted to work from a bottom up approach as opposed to the more common approach of trickle down technology. We built an operating system and a device that is designed specifically for our target market so they won’t have to adapt. While there are good desktop computers for the developed world, there is currently not a viable desktop solution for a user in an emerging market. Hence, the fact that 4.4 billion people can’t afford a computer. We hope to solve that.”

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Endless Reinvents Computer; Targets Developing Countries
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Read the full Forbes article and watch the interview here: http://onforb.es/1GKJ6gg.

Filmmaker Casey Allred was working on his film Stolen Innocence in India when the earthquake struck Nepal. The next day he landed in Kathmandu and began providing relief.

His organization, Effect.org, set up a website at NepalRises.com to search Twitter in real time looking for available volunteers and needs, working to match them up.

Using resources already in their coffers, Effect.org began immediately to gather and deploy aid. Allred reported yesterday, “We have over 100 volunteers, 20 motorbikes and 4 cars importing and exporting supplies. We’ve purchased 410 kg of food and 4,147 pieces of medical supplies and 250 tents… Just today! HQ inventories all supplies and is delivered the same day. We have two film crews documenting everything and 6 Engineers building software. We built NepalRises.com in 8 hours and a bot scanning Twitter to understand who needs help and act immediately. We are coordinating with a lot of local aid groups to triple our efforts. 
Today we had 22 teams deliver supplies outside of Kathmandu to those in need. For many we are the FIRST aid they’ve received. We are hoping to double and triple our impact in the next few days.”

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Report On Nepal Relief Effort
Thu, April 30, 2:00 PM
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Devin Thorpe

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Read the full GoodCrowdinfo article and watch the interview here: http://bit.ly/1GeY0bD.

In the three years since the JOBS Act was signed into law by President Obama, the world has seen a tremendous proliferation of equity crowdfunding sites. Many, however, anticipated a more rapid implementation of the Act’s Title III rules for investment crowdfunding from ordinary investors. A small group of companies organized themselves as broker-dealers under the old rules and are now doing business. Seed Equity is one of this breed.

Founder and CEO Todd Crosland says, “Seed Equity was built by successful and experienced entrepreneurs and investors, who aren’t only experts in the industry, but have a passion for it. Seed Equity currently has investors, entrepreneurs and members in over 90 countries and has made one international investment to date in a startup that is based in London and came out of the Tech Stars London accelerator.”

“The company’s goal is to connect startups and growth companies with investors from around the world. Those investors can then like, follow, mentor and invest in these startups, which may have the ability to possibly make a large impact,” Todd continues.

Like the other broker dealers in the space, Seed Equity screens deals carefully. “Our investment committee does its due diligence when vetting companies wishing to raise capital on Seed Equity’s platform. That due diligence includes a background check on all officers, directors and 20% shareholders. After that’s completed, then and only then, can a company list their offering on our platform,” Todd says.

There is growing excitement in the industry about “Regulation A+” and Seed Equity intends to be a player in that space as well. “New SEC rules known as Reg A+ provide significantly higher fund raising levels of up to $50m in a 12 month period and provide a landmark attempt by the SEC to allow non-accredited investors to invest alongside institutions and accredited investors. Seed Equity Ventures will look to utilize this new rule as an option for companies it raises capital for,” Todd concludes.

The platform is an appropriate place for social entrepreneurs to raise capital, especially when they have a great technology and growth prospects.

Please consider whether a friend or colleague might benefit from this piece and, if so, share it.
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Seed Equity CEO Joins GoodCrowd.info for Live Interview
Wed, April 22, 4:00 PM
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Read the full GoodCrowdinfo article and watch the interview here:  http://bit.ly/1Og8rgR.

Tamara Habib has launched a new crowdfunding site that allows people to raise money after experiencing a disaster, most often a house fire.

Tamara explains, “The majority of families fundraising on Firelily were impacted by house fires, an event in which there is little help to recover. Firelily’s recovery guide, Rebuilding After Disaster, was downloaded over 3,000 times in it’s first four days on their website.”

The site offers some innovative features, Tamara says. “Firelily provides a donor matching function; it’s kind of like online dating, but we connect fundraiser to potential donors based on common interests. Firelily is the only crowdfunding website that verifies the information of its fundraisers to ensure the utmost accuracy.”
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New Crowdfunding Site Focuses On Disaster Recovery
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Work
Occupation
Finance
Employment
  • Self Employed
    Speaker and Author, 2012 - present
  • South China University of Technology
    Professor, 2011 - 2012
  • MonaVie
    Chief Financial Officer, 2008 - 2011
  • Thorpe Capital Group
    Managing Director, 2000 - 2007
  • USANA Health Sciences
    Treasurer, 1996 - 199
  • New York State Electric & Gas
    Accounting Intern, 1992 - 1993
  • USTAR
    Managing Director, 2007 - 2008
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Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Salt lake City, UTah
Previously
Guangzhou, China - Buenos Aires, Argentina - Spokane, Washington - Ithaca, New York - Centreville, Virginia - Provo, Utah
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Championing social good.
Introduction
Devin Thorpe thinks he is the luckiest person alive. After being “let go” from the best job he’d ever had—as the Chief Financial Officer of the multinational food and beverage company MonaVie—he and his wife ended up living in China for a year where he wrote Your Mark On The World and embarked on the career he’d always wanted yet hadn’t dared dream. Now, as an author, a popular guest speaker and Forbes contributor, Devin is devoted full time to championing social good. His current life isn’t much like his past. As an entrepreneur, Devin ran—at separate times—a boutique investment banking firm and a small mortgage company.  He served as the Treasurer for the multinational vitamin manufacturer USANA Health Sciences years before becoming CFO for MonaVie. Over his career he led or advised on the successful completion of $500 million in transactions. Devin squeezed in two brief stints in government, including two years working for Jake Garn on the U.S. Senate Banking Committee Staff and another year working for an independent state agency called USTAR, where he helped foster technology entrepreneurship during Governor Jon Huntsman’s administration. Devin is proud to have graduated from the University of Utah David Eccles School of Business, which recognized him as a Distinguished Alum in 2006.  He also earned an MBA at Cornell University where he ran the student newspaper, Cornell Business. Today, Devin channels the idealism of his youth with the loving support of his wife, Gail.  Their son Dayton is a PhD candidate in Physics at UC Berkeley (and Devin rarely misses an opportunity to mention that).
Education
  • Cornell University
  • University of Utah
  • Central Valley High School
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