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Many of these businesses may make better sense as "non-profits", out to improve the welfare of the general community and funded purely by donations. I'm not sur
by tariqali34 11y ago
Many of these businesses may make better sense as "non-profits", out to improve the welfare of the general community and funded purely by donations. I'm not sure whether donors would appreciate writing fat checks for programmers/managers/etc., but it's clear that a "hockey stick" growth could lead to a immediate path to monetization (if people know your name, you can capitalize on it when you're doing fundraising drives).
- cubano 11y agoAre you kidding me? Almost all VCs aren't interested in "non-profit" and "welfare of general community." They want hockey-stick ROI and unicorns. I know this may be the wrong forum to say this, but let's get real...VC are in it for the money, not to make a social impact, and the last thing most of them are interested in is playing welfare daddy to a bunch of tech nerds.
- deleted 11y ago[deleted]
- woah 11y agoI think you should re read what you commented on.