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Slightly off-topic (but related to your comment) - do you know of any company or organization that's truly for public welfare? Or, any VC that cares more about
by user_7832 5y ago
Slightly off-topic (but related to your comment) - do you know of any company or organization that's truly for public welfare? Or, any VC that cares more about society than a super-high rate of return where such a society-focused company can be launched/funded?
- atlasunshrugged 5y agoI think lots of nonprofits have public welfare in their mission but I think by organization you mean for profit entities? In that case my answer is the same as to the one for VCs in that there are lots that care about society and specific sectors and have that as a thesis with returns being equal (or perhaps secondary for a select few); climate tech startups and investors for instance or companies making alternative proteins (although maybe that's "animal society" not human that they care about)
- rchaud 5y agoMackenzie Scott (formerly Bezos), although her approach is about as far removed from traditional VC as one could imagine.
- SAI_Peregrinus 5y agoMITRE maybe? They're a US government-supported non-profit R&D company.
- atlasunshrugged 5y agoKind of but they're really a government agency in essence, no? I mean that's like calling In-Q-Tel a nonproft, really it's just the CIA's venture arm in a nonprofit shell for legal/management reasons
- pelario 5y agoWikipedia, EFF, Gnu