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Crowdfunding a Better World: New Story Changes Lives One Home at a Time
New Story’s success has Lafci—recently named to the Forbes 30 Under 30 list for social entrepreneurs—and her co-founders expanding their vision to building 1,000 communities of homes in the next 10 years.
“There are so many organizations building shelter around the world, and we believe we’re developing best practices on how to build houses for vulnerable populations sustainably and thoughtfully,” she says. “We’re looking to create a model and playbook that could be outsourced, so we’re doing case studies in certain locations.”
Though it’s a model startup, New Story won’t be going public and issuing an IPO anytime soon. Nonetheless, Lafci and her team recently found themselves ringing the NASDAQ opening bell after a chance meeting with the stock exchange’s chairman.
“When we met the goal of 100 homes in 100 days, NASDAQ invited us to celebrate,” she says. “It showed how far we’ve come in just a short time, and it gets you excited to think about what the future will bring.”