Tangram Fund Drives Impact Investment through Employee Ownership and Opportunity Zone Development

Detroit, MI — [11/24/2025] — Tangram Fund today announced a major step forward in its dual-impact strategy with the execution of its agreement to transition Lotus Tickets, LLC, an Austin-based ticket resale company, into employee ownership and to headquarter the post-close ESOP in Detroit.

This initiative is directly informed by founder David Pittman’s recent completion of the New Majority Capital ETA Accelerator, where he was part of the first-ever Detroit cohort in October. David’s acquisition thesis, developed through the accelerator, centers on employee ownership as a pathway to wealth-building, stability, and long-term community impact. Lotus Tickets serves as the flagship example of that thesis.

Alongside Lotus, Tangram Fund is advancing plans for Magnum Opus Detroit (MOD), a six-story, 80,000 sq. ft. creative campus transforming a former union landmark into a hub for entrepreneurs, artists, and makers. MOD will integrate coworking, studio production, small business incubation, and community programming—connecting Detroit’s legacy of labor, creativity, and innovation.

“Completing the ETA Accelerator sharpened my strategy and reaffirmed my belief that Detroit can lead the nation in employee ownership,” said Pittman. “The Lotus ESOP and Magnum Opus Detroit are both about building legacy—protecting assets, growing equity, and diversifying income for everyday people.”

The Lotus transition and MOD development serve as cornerstone projects within Tangram Fund’s broader mission to create multi-generational impact through ownership, opportunity, and community wealth-building.

Contact:
David L Pittman
Founder, Tangram Fund
dpittman{[at]tangramfund.com

877-773-3070