from Hacker News

30% of subscription revenue to external non-profit organisations

by mattbroad on 3/5/23, 4:51 PM with 1 comments

• by mattbroad on 3/5/23, 4:51 PM

  Hi, I’m debating whether to take a new technology down the non-profit or for-profit path. It’s great that YC accelerator supports both. A successful for-profit business gains some advantages for raising capital in the longer term.

  1. Does YC allow a for-profit business which intends to permanently donate 30% of subscription revenue to external non-profit organisations? Paul Graham’s ’08 article (see link) implies great YC support for good.

  2. Are there any YC for-profit companies that have done something similar?

  3. Please what are your thoughts about the feasibility of raising VC in a business that intends to donate 30% subscription revenue to other non-profits?

  4. Which VC firms are better known for benevolence?

  5. Do these VC firms attend YC demo day?

  Thank you