3 ms·
I don't think a VC would fund a non-profit, even if they were a "Khan Academy" or "Wikipedia", unless it was on a personal donation basis (http://www.paulgraham
by cing 15y ago
I don't think a VC would fund a non-profit, even if they were a "Khan Academy" or "Wikipedia", unless it was on a personal donation basis (http://www.paulgraham.com/darfur.html http://www.paulgraham.com/darfur.html). Then again, are always exceptions (http://www.acumenfund.org/ http://www.acumenfund.org/).
- michael_nielsen 15y agoAny YC partners who wanted to do this could set up a parallel not-for-profit or charity. That organization might benefit from some of the easily scalable benefits of YC (say, providing access to the YC alumni network), but would be independent. It wouldn't even necessarily need to be funded by YC partners - there are foundations which might be interested in partnering with an organization like YC to fund this kind of thing.