Open Book with Anthony Scaramucci The Truth About Money No One Taught You - Marcia Dawood
Jan 27, 2026
Marcia Dawood, early-stage investor and chair emeritus of the Angel Capital Association, and author focused on impact investing. She recounts discovering angel investing and champions for-profit approaches to drive social good. Conversations cover working with the SEC on small business capital, democratizing private markets, equity crowdfunding tips, and plans to amplify impact through writing and education.
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Discovering Local Entrepreneurship
- Marcia Dawood discovered angel investing after attending a local meeting and seeing entrepreneurs pitching innovations in Pittsburgh.
- She realized entrepreneurship exists everywhere and wanted to support founders beyond donating to charity.
Why Investing Complements Charity
- Charities receive vast donations but still represent only about 1% of U.S. stock market value, so expecting them to solve massive problems is unrealistic.
- For-profit companies can scale resources and innovation in ways charities often cannot, making investment a powerful complement to giving.
Legalize And Simplify The Finder Role
- Reform the 'finder' role so connectors can legally introduce capital to startups without full broker-dealer registration.
- Lower regulatory friction to help entrepreneurs access networks and funding while protecting investors.
