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Non-profit, meaning "non-stock" corporations need capital and initial support to get started as much as any other entity. Clearly YC considers the investment i
by redtexture 13y ago
Non-profit, meaning "non-stock" corporations need capital and initial support to get started as much as any other entity.
Clearly YC considers the investment in non-stock entities a charitable contribution towards a (potential) good cause, and is not participating to see a profit on their investment, but is just as interested in helping the founders figure out their mission, and funding market.
Non-stock organizations raise money just as competitively and actively as stock organizations, and have a community of users and donors, as well as user-recipients.
http://Water.org http://Water.org is an example of an entity that is actively and successfully raising millions of dollars toward a their mission and purpose, with a successful community of supporters and recipients.