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A comment on Watsi (YC W13) raises $1.2M first-of-its-kind 'philanthropic seed round'.

Re:Watsi (YC W13) raises $1.2M first-of-its-kind 'philanthro... by mfrank on Thursday July 25, 2013 @01:57PM (#6103829)
This is great news but I'm pretty sure this it is not a "first of its kind" occurrence as there are a number of vehicles (e.g. New Profit in Boston) that specialize in these types of strategic venture-like philanthropy investments.
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Re:Watsi (YC W13) raises $1.2M first-of-its-kind 'philanthro... by avemuri on Thursday July 25, 2013 @03:22PM (#6104412)
Yup. There's a bunch of impact funds that do this kind of investment and measure themselves on metrics other than IRR. eg. Khosla Impact, Acumen, etc etc.
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