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A comment on SwipeGood (YC W11) Gives Its Start Fund Cash To Charity. Parent comment

Re:SwipeGood (YC W11) Gives Its Start Fund Cash To Charity by reynolds on Sunday February 27, 2011 @02:20PM (#2268616)
You're right. After jumping the gun I realized they're not "giving it to charity", but rather using it to acquire users.
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Re:SwipeGood (YC W11) Gives Its Start Fund Cash To Charity by Jabbles on Sunday February 27, 2011 @06:09PM (#2269282)
I feel inclined to disagree with you again... nothing personal, but I think I should point out that they are "giving it to charity", and using it to acquire users...
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Re:SwipeGood (YC W11) Gives Its Start Fund Cash To Charity by reynolds on Sunday February 27, 2011 @09:24PM (#2269784)
It was just bad wording on my part. What I tried to say was that there's a difference between giving $150k to a charity outright and donating money on behalf of the users who refer more users.
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Re:SwipeGood (YC W11) Gives Its Start Fund Cash To Charity by gridspy on Sunday February 27, 2011 @05:01PM (#2269119)
SwipeGood is hoping that many people will make the same mistake you made. It is a savvy business move that lines up very well with their business model of supporting charities.
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