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Am I sensing a trend in more recent YC batches to select teams that want to help people rather than find a market? Watsi, True Link, now this. I mean, both are
by soneca 13y ago
Am I sensing a trend in more recent YC batches to select teams that want to help people rather than find a market? Watsi, True Link, now this.
I mean, both are about building something people want, but they are definitely different points of view of this goal. One is about what people are willing to pay for, other is about what people could benefit from.
I most wholeheartedly welcome this trend (if it is in fact a conscious one). Myself, I work very close to this new field of "social ventures/social business/impact investment", the latest labels of a model that combine, at once, social impact and profit. No judgmental ideology, just using market forces to improve people's lives. Specially people with some kind of vulnerability (in general, poor people, but as seen here, not restricted to).
Muhamad Yunus (Nobel peace laureate) is the most famous champion of this way of changing the world, but he sure put some very rigid limitations on how to manage the profit, which I think are too demanding and not particularly effective. But it is a good way to think different about creating new business: http://www.muhammadyunus.org/index.php/social-business/social-business http://www.muhammadyunus.org/index.php/social-business/socia...
For an approach that I think is more effective, here are some good places to learn:
http://www.nextbillion.net/ http://www.nextbillion.net/
http://businessfightspoverty.org/ http://businessfightspoverty.org/
http://www.thegiin.org/cgi-bin/iowa/home/index.html http://www.thegiin.org/cgi-bin/iowa/home/index.html
http://acumen.org/ http://acumen.org/
- 7cupsoftea 13y agoMy sense is that YC and the partners have always been about making peoples lives better. It might just be that entrepreneurs applying for YC are beginning to realize that YC can be a great avenue to accomplish a lot of good and also create a real business.
- soneca 13y agoMaybe that. After a boom of entrepreneurs with ideas to impact their own world or their own pocket, I see more "cause-driven" entrepreneurs starting up. Congratulations for your work, I hope you achieve great success!
- 7cupsoftea 13y agoThanks!