I really love the concept of an early stage investor formalizing their commitment to improving the world by explicitly creating room for non-profits. Now all we need is a later stage fund to structurally commit follow on investment to these non-profit start-ups. YC deserves big props for this and for not just chasing the buck, if not with all their investments at least with these the mission really is to change the world and for the better at that.
Watsi was an experiment waiting to be repeated, looking forward to see which non-profits will make it through here.
The Shuttleworth Foundation does this. They provide fellowships that are the size of an angel or seed round. Primarily for non-profit projects but they do for-profit as well (in my case).
An amazing group/experience is a big understatement.
hey, thanks for this. I didn't know about it, but I think I should apply. I would be super appreciative if you could contact me (info under my heading) if you would be able to provide advice or insight into whether or not this is a good idea.
Watsi was an experiment waiting to be repeated, looking forward to see which non-profits will make it through here.