Slow Money: Pairing Investors With Food Businesses
Written by: Tom Banse
December 14, 2010
PORT TOWNSEND, Wash. -- Forget Wall Street. One way some well-off Northwesterners avoided steep losses in the stock market in recent years was by making unusual alternative investments: in small farms and food businesses. These “angel investors” are organizing loose networks to match their money with cash-hungry local producers. Think of it as slow-food meets slow money.
Today they’re smiling, popping corks even...