A one-time partner in the New York brokerage firm made famous by "The Wolf of Wall Street" film has launched a social media site for people like him — the formerly incarcerated.
Richard Bronson debuted Los Angeles-based Commissary Club in beta just three weeks ago and already has thousands of people on a wait list. Bronson aims to reach an estimated 70 million Americans who have a criminal record, whether it resulted from years in prison or an arrest without a conviction.
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Santa Monica seed-stage fund Struck Capital is adding some high-wattage Hollywood star power to its cast of limited partners. Academy Award-winning actor Leonardo DiCaprio has made what the firm described as a "significant" investment in the fund, bringing something far more valuable than his seven figure check: The ability to open up doors for portfolio companies and attract other investors.
"It's a huge feather in our cap," said Adam Struck, the South African entrepreneur who started Struck in 2014. "It has tremendous tailwinds for every aspect of the fund."