There is so much room to be better at funding nonprofits than donors currently are. Especially big donors, which are governments or might as well be. Imagine if your startup had to raise money from a government agency. That's what your friends running nonprofits are up against.
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Often wonder if most missions tackled by nonprofits could be better tackled in a for-profit model. What’s the best example of something best served in a nonprofit model?
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What if society is the only beneficiary ?
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(Arguably) Facebook and Twitter are counter-examples: The user beneficiary can’t afford to pay so the companies found a way to make the service free and profit elsewhere. So what’s a specific example where it really has to be a nonprofit?
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Non profits played a crucial role in making drugs like anti malaria and antiretrovirals accessible in Africa. The economics were never lucrative enough to attract significant profit-seeking solutions.
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Donors are beneficiaries. A charity offers donors an easy and convenient way to solve issues they care about, e.g. saving rinos in Africa. Donors pay for this service. Why must it be nonprofit?
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I couldn't agree more. The problem is when a good or service is non-excludable (eg public health... can't exclude people from enjoying it) there is a free rider problem that prevents a business model from working (market failure) But many are engineering economic solutions...
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Where business models fail, economic models can succeed.
@commonsstack is tackling this head on. The biggest challenge we have to overcome isn't technical, it's cultural. The expectation that people providing value for society have to sacrifice to do so is holding us back.pic.twitter.com/kqoNY5cq8Q
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