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Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

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Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#51

Wouldn't it be easier just to start a charity and get funding from one of the tech companies looking for charities to fund. Just take an edgy leftist position, and you will be floating in money. Eg. "dismantle the nuclear family"

Believe it or not, there is a large, large space between acting socially responsible and wanting money for "an edgy leftist position."

So large. A gulf. Maybe you misread the question?

Out of morbid curiosity - who do you believe is funding the breakup of the nuclear family? Where are you getting this from?

And I'll bet you $10 that you are American - in no other country in the world is "tech companies want to dismantle the nuclear family" a somewhat common belief. Except maybe Saudi Arabia and some other "theocracies".

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#52
My YC-Alum cofounder and I just launched Smiiles.com to provide the highest quality masks to the homeless.

We started when a friend asked if we could help get masks to homeless in LA, and our friends from TOMs and Bombas inspired us to use the 1 for 1 model.

We are currently in a friends and family launch and in talks for retail distribution.

My HN friends can visit to order (3 packs = free shipping): Smiiles.com/anthony

Also check us out in IG @givesmiiles

- Partners include LA County Department of Health, Flowspace, Flexport and Webflow.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#53
My YC-Alum cofounder and I just launched Smiiles.com to provide the highest quality masks to the homeless.

We started when a friend asked if we could help get masks to homeless in LA, and our friends from TOMs and Bombas inspired us to use the 1 for 1 model.

We are currently in a friends and family launch and in talks for retail distribution.

Our first goal is to provide 300,000 masks a month to LA county.

My HN friends can visit to order (3 packs = free shipping): Http://Smiiles.com/anthony

Also check us out on IG @givesmiiles

- Partners include LA County Department of Health, Flowspace, Flexport and Webflow.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#54

I built the community at https://collective.energy to help environmental entrepreneurs have a platform to find an audience, get feedback, and collaborate!

It looks interesting - but...

The first thing i did was hit the search button to see if the site could help with my own projects - being asked to login when I tried was pretty jarring.

If I ran across this in the wild, that behavior would probably be enough to leave without bookmarking.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#55
Apart from other founders chiming in here, there indeed are "impact tech" (buzzword warning) startup incubators and accelerators out there. https://hatchcolab.ch, https://opentech.fund, https://fongit.ch, https://nlnet.nl/foundation/ are a few that come to mind.

Here's a blog post that lists some VCs actively investing in impact tech: https://medium.com/@IFI/the-what-why-who-and-how-of-impact-t...

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#56

The way that you know that you're making a social impact or benefiting society then you're making money. Social benefit and making profits are the same thing. There are exceptions of course, like if you made money by cheating via violence or because you got the government to grant you special privileges. Otherwise, if you're playing by the rules then your profit is the only objective, rational way to reason about you…

I strongly disagree with your statement that profit is the only objectective, rational measure of social impact. It would be great if the balance of human and environmental well-being produced by an organization could be captured as such, but I feel it is often much more complicated. It is clear that a poor child has a lower ability to pay for goods and services than a rich child. Does this mean that goods and servic…

First, those are two different things. The first is a business selling a product for profit, the second is a charity: giving or subsidising food to a kid.

It's impossible to know how much benefit anyone gets from food. Maybe the rich kid barely notices the food because he lives in abundance, maybe it's his favourite food, maybe the poor kid is starving and desperate, maybe he's overweight and the food is doing him harm, maybe it's the rich kid's favourite food but his brain reacts less favourably to that than the other kid when eating his least favoured food.

The only thing that can be reasoned about any of the above was that rich kid's parents wanted to pay more money for the food than what the stuff going into it cost. The food producer created something more valuable than what he started with. That is the only conclusion that you can objectively reason about from the above.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#57
I created Treets ( https://treets.org ), a basic shop that currently plants 5 trees in areas of need around the world for every item sold. The challenge was finding the right partners also focused on sustainability from the fabric to the continued maintenance and oversight of trees.

The issue I saw was many companies were claiming to be eco-conscious with planting trees but behind the scenes their product was harmful and their tree planting was merely donating ~$1 from $70+ items. Currently Treets continues to plant more trees than it costs to operate and I'll continue to run it so long as that holds true.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#58

One of the great joys of making a profit has been giving to causes and needs that tug on my heart strings. Please help me understand the logic of how operating a business at a loss (eschewing profits) has a greater impact than having money to put towards said impact. Ex. Bill Gates

A ‘not-for-profit’ does not mean it doesn’t make a profit. It means that profits generated are used to further the purpose of the organisation and not, for example, for shareholder enrichment. A loss-making organisation could only be sustainable if it was receiving grants or donations, in which case it is more likely to be a charity than NFP.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#59
We started Mullvad VPN in 2009 for political reasons.

My cofounder Daniel and I viewed it as direct political action through entrepreneurship. In particular we wanted to protest Swedish surveillance legislation (FRA), which is partly why we chose a Swedish name for the service.

So far we have refused at least five serious offers of investment and acquisition, because we would rather retain control, even if that meant slow growth or obscurity.

As time went by the company grew and so did our capabilities to affect change. So far we have reinvested all profit in things we believe move the needle in the right direction. Some are direct donations, others are pure investments, others should probably be classified as "high-risk bets that might make things better, but not necessarily for us".

The fact that we retain 100% ownership in the company enables us to engage in strategic behavior that is unavailable to competitors who accept outside investment. All VCs have investment horizons. If we invited one onboard they would eventually want us to sell, or commit to handing out dividends.

We'd rather build some kind of institution. Even better if we can obsolete VPN services as a concept. Then we could move on to other problems. It's not like there's a shortage. We have explored the idea of moving our shares to a foundation. Unfortunately that is an action that can't be undone. It's kind of the point, but by retaining the shares we retain maximum strategic flexibility.

Edit: I don't identify as a social entrepreneur, but thought you might enjoy the story anyway, as we're also sort of optimizing for impact. Whatever that means.

Re: Ask HN: Anyone a social entrepreneur, i.e. placing social impact above profit?

#60
post #40

I co-founded Akvo Foundation [1] in 2007. Akvo is a not-for-profit/not-for-loss [2] organisation that put together a combination of tools, services, local expertise and sector knowledge. We work mainly in management of water, sanitation and agriculture, even though organisations use our platform for all sorts of data. WWF are tracking turtles in Indonesia, SNV manages their massive biogas programmes, Sierra Leone qua…

Why Netherlands for your HQ?

Looking at their "About us" page two of the cofounders have extremely Dutch names so it's probably just where they started out.
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