Launch HN: Wren (YC S19) – Offset Your Carbon Footprint

Re:Launch HN: Wren (YC S19) – Offset Your Carbon Footprint by smaddox on Wednesday July 17, 2019 @02:02PM (#20462293)

> Most in this space are nonprofits but we are a business. We take a 20% fee on each subscription. This allows us to hire talented engineers, invest in marketing, and raise capital.

Non-profits can do all of those things, too... Why not do them as a non-profit?

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Re:Launch HN: Wren (YC S19) – Offset Your Carbon Footprint by jnbiche on Wednesday July 17, 2019 @10:54PM (#20466291)

> Non-profits can do all of those things, too... Why not do them as a non-profit?

We've already got nonprofits doing this stuff. Given the gravity of the situation, shouldn't we encourage a range of different approaches?

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Re:Launch HN: Wren (YC S19) – Offset Your Carbon Footprint by landon32 on Wednesday July 17, 2019 @02:20PM (#20462496)

Ah, sorry "hire talented engineers, invest in marketing, and raise capital." was actually more in reference to the 20% fee.

Although we think impact investors and potentially even VCs can help fund this which is why we haven't become a nonprofit. We are looking at Benefit Corporation as the best legal structure for this, but it will take some time for us to transfer over.

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