This week, we're joined by Gigi Danziger (Eutopia Holdings) and Albert Wenger (Union Square Ventures) to discuss their mission to create a world where everyone can thrive by reversing the trend of extractive capital through innovative steward ownership models.
Our conversation delves into their application of steward ownership to diverse initiatives in the Hudson Valley, including a basic income pilot, the climate action Wally Farms, the Spark of Hudson community learning hub, affordable housing via Hudson Dots, and even a small business like a diner. Albert and Gigi share their approach to making these social impact projects financially sustainable, navigating challenges such as community distrust and legal complexities. They also discuss their forward-looking vision for how ownership must evolve in the age of AI to ensure that gains from progress benefit all, emphasizing the crucial role of community and purpose in building a better future and redefining investment success.