Prior to the formation of Cityside as a nonprofit, Berkeleyside, Inc. raised more than $1 million in 2016-18 from its readers in an innovative direct public offering. Funders listed here bought shares in Berkeleyside in the DPO. We're grateful for the support from more than 300 of our readers. All of the shareholders consented to our conversion to nonprofit status in 2019. These shareholders, so key in our growth, are our Foundation Members.
