The people building newBWS.
Named with the cohort.
newBWS has a founder and CEO leading the build now. Their name and biography are announced as the founding cohort assembles toward the platform’s January 1, 2027 launch.
The institution is structured to outlast whoever holds the role. The golden share and the Public Benefit Corporation charter bind leadership to the community, so no individual, the founder included, can sell newBWS, advertise on it, or redirect it against the people it serves.
Press contact
Announced with the cohort.
newBWS has a co-founder whose full name and biography will be announced as the founding cohort assembles toward the platform's January 1, 2027 launch. She is a full partner in the venture and holds irrevocable governance rights through the company's golden-share structure.
The reason for the delayed public announcement is personal and professional timing. Not uncertainty about the role.
Built to be unsellable.
Delaware Public Benefit Corporation
newBWS, PBC is legally required to balance its stated public benefit, namely building digital infrastructure for the Black capital ecosystem, against shareholder returns. Directors have a fiduciary duty to both, not only the latter.
Golden-share LLC
A separate LLC holds a single golden share with irrevocable veto rights over any sale of the company, pivot away from the stated mission, or dilution of member governance. This share cannot be bought. It cannot be transferred. It is held by the co-founder and designated advisors.
Board composition
Founder, co-founder, and additional board members to be seated and announced as the founding cohort assembles. Board selection prioritizes governance experience, capital expertise, legal expertise, and community alignment.
Capital structure
Community investment via Regulation CF, activation gated on community pledge interest signaled through the founding cohort surface. SAFE instrument with profit-sharing dividends (modeled on Basecamp’s structure). No venture capital. No acquisition clauses. No preference shares that would dilute community equity.
The community round is not open yet. Nothing here is an offer to sell or a solicitation to buy any security.