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The only true difference between a for-profit and a non-profit is the tax status. Cosmic level blessings on Paul Graham for doing this. Badly needed. The ent
by AltruistLLC 13y ago
The only true difference between a for-profit and a non-profit is the tax status.
Cosmic level blessings on Paul Graham for doing this. Badly needed. The entire sector needs catalytic infusions of entrepreneurial energy and expertise.
Only 150 non-profits have grown past $10M in revenue since 1970. North Korea has better business acumen. Love to see efforts like this.
Thank you Y Combinator!
- deleted 13y ago[deleted]
- philipn 13y agoHmm, $10M/year seems a bit off. This (http://www.ssireview.org/articles/entry/how_nonprofits_get_really_big http://www.ssireview.org/articles/entry/how_nonprofits_get_r...) says the figure is $50M/year in revenue.
- AltruistLLC 13y agoThanks for the correction on that.