4 ms·
Sweet, i kind of knew it already existed, but this type of structure is just so damn rare. I guess most founders are really just motivated by the pot of gold a
by Galaxeblaffer 6y ago
Sweet, i kind of knew it already existed, but this type of structure is just so damn rare.
I guess most founders are really just motivated by the pot of gold at the end of the rainbow :/
- ValentineC 6y agoIt only really works for bootstrapped non-profits, and for projects that are entirely volunteer-driven. No VC would be able to invest in something like this (unless it's a grant like what YC does for non-profits [1]). Even Mozilla Foundation [2] was spun off from Netscape, and heavily supported by AOL in its early years. [1] https://www.effectivealtruism.org/articles/why-nonprofits-should-apply-to-y-combinator/ https://www.effectivealtruism.org/articles/why-nonprofits-sh... [2] https://en.wikipedia.org/wiki/Mozilla_Foundation#History https://en.wikipedia.org/wiki/Mozilla_Foundation#History