News for hackers. Stuff that matters.

A comment on Reddit to Give 10% of Its 2014 Ad Revenue to Non-Profits Picked by Its Users. Parent comment

Re:Reddit to Give 10% of Its 2014 Ad Revenue to Non-Profits ... by namlem on Friday February 28, 2014 @05:18PM (#7321928)
You mean reinvest. If they distributed the profits, they'd be for profit.
[ Parent | on HN ]
Re:Reddit to Give 10% of Its 2014 Ad Revenue to Non-Profits ... by praxeologist on Friday February 28, 2014 @07:42PM (#7322526)
How does YC make any money on non-profits they invest in then?
[ Parent | on HN ]
Re:Reddit to Give 10% of Its 2014 Ad Revenue to Non-Profits ... by tlb on Friday February 28, 2014 @07:51PM (#7322550)
We don't. The money we put into non-profits is a donation and there's no financial return.

http://ycombinator.com/np.html

[ Parent | on HN ]