4 ms·
How was she planning to make money from solving this issue?
by LatteLazy 4y ago
How was she planning to make money from solving this issue?
- ceejayoz 4y agoYC has a non-profit arm now. https://www.ycombinator.com/nonprofits/ https://www.ycombinator.com/nonprofits/
- O__________O 4y agoOnly 16 of the 3958 YC companies listed in its directory have the “nonprofit” tag: https://www.ycombinator.com/companies?tags=Nonprofit https://www.ycombinator.com/companies?tags=Nonprofit Given odds of for profit application getting YC funding are already in the low single digits, odds of a nonprofit getting funding are basically nonexistent.
- mtlmtlmtlmtl 4y agoThis makes no sense. Why would non-profit applicants be competing with for-profit ones? Surely they'll be separate pools.
- O__________O 4y agoUnderstand your point, though to my knowledge YC doesn’t release numbers related to counts of nonprofit applicants. Might easily be even more competitive than the for profit applicants since would only take 60 nonprofits per batch to be at least as competitive as the for profit applicant pool. More importantly: Are there partners focused on nonprofits? Do the batches have enough nonprofits to cluster like nonprofits? Is there training that’s specific to nonprofits? Do they have a demo day specifically for nonprofits? Is there a nonprofit alumni network with 10,000+ members? Does YC have a significant brand within the nonprofit funding community? How many significant nonprofits have been a part of YC? Etc.
- bitcharmer 4y agoNo idea why you're getting down voted. I was genuinely baffled myself. How do you run a startup (a for profit business?) that fights modern day slavery? What's the businesses model here?
- O__________O 4y agoNumber of aspects to nonprofit models. Funding wise, options include: cash donations, in kind donations, grants, loans, endowments, government contracts, for profit activities, for profit partnerships, government subsidizes, etc. Basically, much likely for profits, there patterns which provide insights into paths which are most likely to provide significant opportunities for impact.
- LatteLazy 4y agoThanks, I did not realise that.
- m00dy 4y agoShe was going to write a scraper so, whenever a human listing is up, she and her special connections will get a notification.
- hgsgm 4y agoWhy do you need Sam Altman for that? Do that long before you apply for funding.
- leereeves 4y agoPerhaps she isn't a programmer and wanted to hire someone to do it.
- _448 4y agoYeah, she is a lawyer. And in addition to hiring engineers she would also require a group of lawyers and people(ex as well as current) from the government and law enforcement to get this working. This requires initial funding.
- monsieurbanana 4y agoSeeing how it's a different person that replied to you, I assume he was (poorly) trying to make a joke about how her business plan was to scalp human listings the same way people scalp PS5.