Ask HN: For-profit, non-profit, or some kinda hybrid?

Re:Ask HN: For-profit, non-profit, or some kinda hybrid? by myoung8 on Monday August 16, 2010 @03:04PM (#1608801)

You'll have a tough time raising money from traditional angels/VCs if it's not a C-Corp.

I've heard of a couple VCs out there who want to invest in social entrepreneurship, though, so maybe you want to ask them. Check out Good Capital: http://www.goodcap.net/

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Re:Ask HN: For-profit, non-profit, or some kinda hybrid? by davidryal on Monday August 16, 2010 @04:06PM (#1609024)

I should have covered this. Choosing the for-profit road would, indeed, meaning converting to a C-corp. Luckily, that's not too hard to do without adding much marginal cost on top of the legal costs of closing a round.

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