With stock prices plummeting and recession fears resurfacing, Chicago startup FranShares hopes to offer an entirely new asset class to everyday investors.
Founder Kenny Rose created the platform to give anyone the option to invest in franchise ownership, whether with $500 or millions.
“It’s a good hedge against inflation and [ensures] diversification of your portfolio,” he told the Chicago Business Journal.
The startup raised $1.4 million in a round led by Chicago Ventures last year and…