Re:Watsi (YC W13) and the Future of Patronage
by capdiz on Tuesday March 26, 2013 @04:26PM
(#5445851)
Am jealous. Why the fuck didn't i think of this before. Am from Africa. Everyone needs help up in this bitch. Guess what? I got caught up with these 30 under 30 posts and how i made n amount of $$ in n amount of years. Thank you Watsi. I don't i have to make a profit to a make difference. Thank you.
[ Parent
| on HN ]
There's no reason you couldn't do "Watsi for local entrepreneurship" or something. Essentially Kiva-like.
Re:Watsi (YC W13) and the Future of Patronage
by capdiz on Wednesday March 27, 2013 @01:22AM
(#5447939)
Thank you for pointing me to Kiva. Checking it out and its definitely something i could work on. Thanks again.
Re:Watsi (YC W13) and the Future of Patronage
by rdl on Wednesday March 27, 2013 @04:19PM
(#5451751)
The weird thing about Kiva is they "lie" as an efficiency optimization -- it's not direct payment from donor to the identified recipient, but to the organization which helped the recipient in the past. This isn't really worse from a moral perspective (and is actually more efficient!), but might make some donors unhappy. A Kiva which operated fully on the Watsi model of identifying/funding specific things in realtime would be popular with at least some existing Kiva donors.