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What if rather than giving a hard percentage of one's earnings, one could try something like giving your product/service away for free or at a large discount to
by gaelian 16y ago
What if rather than giving a hard percentage of one's earnings, one could try something like giving your product/service away for free or at a large discount to non-profit/educational orgs or the like? This is the kind of thing that I would consider as being far more realistic, at least at the earlier stages of a startup.
I've seen numerous startups do something like this. You're doing good, and you hopefully get some good publicity/reputation out of it as well without being out of pocket.
- nl 16y agoFrom the post "Assume in-kind services won't work."
- gaelian 16y agoEh, thanks. I think I've been staring at a screen for too long today, completely spaced on that bit. I guess my position is the same though. In the early days I'd have to go with not giving direct cash to charities. I guess if a start-up can afford to do this then that's probably a sign that they're doing pretty well. Notwithstanding some special kind of startup that might get some inordinate benefit (taxation related or otherwise) from donation.