Black American Stock Exchange (BASE) is seeking to become the next generation stock exchange market with a major presence in the black community of entrepreneurs, speculators and investors.  The market’s leverage is its professional partnerships with expert advisors, entrepreneurial content and marketing expertise through this website and affiliate sources.  This successful launch of BASE relies on acquisition of business plans and Initial Public Offerings (IPOs).

For the first time ever can we seriously begin to contemplate a regulatory quantification of what we mean by building an economic powerbase by explicitly applying a series of principles you’re more likely to find in business schools than in public schools.  We want to reinforce the notion that Black Americans ideas and businesses are worth investing in as much as any other.  Especially by us.

A young Houston couple is planning to give away $4 billion — but only to projects that prove they are worth it.  Can they redefine the world of philanthropy?

When it comes to giving, a Houston couple is exploring new territory in their goal of using philanthropy to change the world - one project at a time.

Billionaire John Arnold and his wife, Laura, are bankrolling some lofty projects through the Laura and John Arnold Foundation, according to the Wall Street Journal.

At 37, Arnold has accumulated a fortune estimated at $4 billion over the past decade, starting off as a natural gas trader at Enron and later launching his own hedge fund.  In October 2012, he closed his hedge fund, Centauraus Energy, and retired.

Now, he and wife, Laura, are focusing their energies on giving the money away to organizations and projects that will help transform the world.  Last year alone, the couple gave away or pledged $423 million for various projects that include a $26 million obesity study.

The Wall Street Journal puts it like this:

The Arnolds want to see if they can use their money to solve some of the country’s biggest problems through data analysis and science, with an unsentimental focus on results and an aversion to feel-good projects — the success of which can't be quantified.

No topic is too ambitious: Along with obesity, the Arnolds plan to dig into criminal justice and pension reform, among other projects.  Anne Milgram, the former New Jersey attorney general hired to tackle the criminal-justice issue, has a name for all this: She calls it the “Moneyball” approach to giving, a reference to the book and movie about how the Oakland A’s used smart statistical analysis to upend some of baseball's conventional wisdom.  And the Arnolds are in no hurry for answers.  Indeed, they believe patience is a key resource behind their giving.

Robert Stanton, Houston Chronicle Reporter

Okay, Black Wall Street … let’s show ’em what we got!

Less than 10% of minorities that
can afford it actually invest in traditional stock markets like NASDAQ and NYSE.  However, many invest in individuals within their own communities.  The Asian and Jewish communities are great examples of how communities can thrive by investing in each other.  Our purpose of introducing BASE is to give you the opportunity to help strengthen the African-American communities within Houston and nationwide.  Some offerings have a local interest while others may start locally but have global aspirations.  Since funding is always an obstacle within the minority communities, we only ask that you consider becoming an Angel Investor.  Businesses that are listed here must have complete business plans that include:  exit strategies, financial projections, marketing strategies and a prototype if necessary.

E-mail a PDF to: clamos@CBAMediaGroup.com, subject: Biz Plan Review — or click the “Contact Us” tab and submit online.