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Ask HN: What's the mission of your company and why does it matter?

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Re: Ask HN: What's the mission of your company and why does it matter?

#82

Earlier quoted context omitted.

I work in this field (electricity markets) and don't really see microgrids fulfilling this niche anytime soon. Due to FERC Order 841, we will see a surge in grid-scale batteries and our markets (in the US) will have to accommodate this. They will hopefully help some with various issues such as congestion, transmission buildout, and short term changes in demand.

In the US, you're are right. The regulation in the US is currently not conducive to microgrids. The world is a big place though.

Yea, if you're talking about non 1st world countries, the idea could definitely work i think.

Best of luck!

Re: Ask HN: What's the mission of your company and why does it matter?

#83
post #66

The "mission" thing always makes me wonder... What will happen if your mission interferes with making profit? My guess is that, for 99% of companies, mission will be ignored (or changed). This shows that the true mission (i.e. purpose of the company) is making profit and not what they declare.

Recently I've learned that in some US states there is something called a Social Purpose Corporation, which actually lets you profit and stick to your mission. In a regular company, it's more than likely that putting your "mission" above maximizing your profits will put you in legal trouble.

Yes, the same exists in Finland (social entrepreneurship), but since we can all agree on that there are huge differences between companies, how they operate, and how moral they are, we can agree on that there's a lot of playground for the execution of a good mission statement. There's on the one hand maximization by moving your production to a third world country and by paying the absolute minimum to your employees (which no legal entity expects you to do AFAIK), but then there's also maximization by being decent and by doing everything properly (to which no legal entity also has nothing to sneeze at). So the maximization doesn't have to be the kind of grab your company by the throat kind of maximization.

Re: Ask HN: What's the mission of your company and why does it matter?

#84
post #11

I am working on Learn Anything. It’s an open source website with the goal of providing most efficient learning paths. A kind of Netflix for learning. If humanity really solves personalized learning by crafting learning paths based on all of Internet’s resources, user’s current knowledge and learning preference, I believe something akin to singularity may be reached. So I am trying to build the website that tries to r…

This is fantastic. Why the log-in for up/downvotes? To prevent bots?

Re: Ask HN: What's the mission of your company and why does it matter?

#85
post #33

I'm a co-founder of Kosmos ( https://kosmosschool.com/ ). Our mission is to build a complete K-12 school that exists only in virtual reality. It matters because such a school could provide better education to kids from all around the globe at a fraction of the cost today.

Dude, a developing brain growing up in VR.... I dunno.

Re: Ask HN: What's the mission of your company and why does it matter?

#87

We are FreeWill ( http://freewill.com/ ). We may be the most efficient fundraising tool for charity ever made. We provide free wills to people, and make it very easy to donate charitably in that process. We've raised over $190M for charities in just over a year! At the same time, we've made legal services more accessible by providing free estate planning to over 17,000 people. Just had a feature in the New York Times…

Visited your website and can't figure your business model. How are you generating revenue?

Great service btw!

Re: Ask HN: What's the mission of your company and why does it matter?

#88
post #66

The "mission" thing always makes me wonder... What will happen if your mission interferes with making profit? My guess is that, for 99% of companies, mission will be ignored (or changed). This shows that the true mission (i.e. purpose of the company) is making profit and not what they declare.

My favorite and only example I've read about is Patagonia. They started by making rock climbing gear but when they saw how much harm their gear was doing to these mountains, they completely stopped making and selling their best product and started selling another product that was better.

I'm a small business owner but when I realized some of the harm I was doing, I stopped selling certain products as well. It's meant saying no to a pretty penny and I definitely wonder if I'm crazy a lot.

Re: Ask HN: What's the mission of your company and why does it matter?

#89
Our mission is to fight period poverty. There are many women in the world and in the USA that can't afford feminine care. Not only that but conventional tampons and pads are disposable, highly polluting, made out of plastic, and not that healthy.

Conventional tampons are made with regular cotton as well as rayon. Regular cotton could have toxic residues from pesticides, dioxin from the bleaching process, and rayon fiber can disintegrate within a woman's body, breeding bacteria that could hurt or be dangerous like toxic shock syndrome. Disposable pads are made from mysterious ingredients because companies don't have to disclose ingredients to consumers in the USA. All the chemical scents, antibacterial, plastics, those are all not disclosed which should be worrying because there are many toxic chemicals out there.

The solution I'm working on are reusable cloth pads. The idea is simple and has been what the world has been using before disposables came out. They are a lot more sustainable because they are reusable. They can be customized for each customer and come in pretty colors, shapes, and sizes.

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