Re:Has Y Combinator lost its way when the latest company is ...
by aetherson on Friday March 12, 2021 @10:26AM
(#26436794)
I didn't read the objection as being that this company doesn't do enough for the common good of humanity, I read it as, this company doesn't have a large potential market.
Re:Has Y Combinator lost its way when the latest company is ...
by thinkingemote on Friday March 12, 2021 @05:02PM
(#26441525)
Is it possible for any investment arm to invest in endeavours to uplift humanity?
Re:Has Y Combinator lost its way when the latest company is ...
by majani on Sunday March 14, 2021 @08:25AM
(#26454734)
Yup. Right now there is a rush to invest in African loan apps that have finally found ways to scalably extend credit to poor people in African countries. Hits a sweet spot between doing good and making business sense. There are also big investments in Africa into IOT companies that enable hire purchase for solar-powered home devices. Same sweet spot
Re:Has Y Combinator lost its way when the latest company is ...
by adenozine on Saturday March 13, 2021 @06:28AM
(#26445878)
Yes, you might read about Socially Responsible Investing.
Also, you can always contribute to charitable organizations. It's not an investment in the traditional sense, but changing the world to be 0.01% nicer is still a good investment.
I mean, no disrespect on yc, but it performs what it says on the tin. It's a business for businesses.
Idk. I have tempered expectations moreso than some I guess.
You've got a point, I just wonder how egregious is TOO much.