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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?

#61

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…

It’s maybe not quite so simple and you need to keep an eye on externalities. I’d adjust your formula, somewhat crudely, into: Social benefit = profit - externalities. Sadly, most businesses on that construction are negative social benefit. And that’s down to our bawbag accounting system.

That's pretty absurd. You just said that most companies are on net a burden on our society.

Let me check. Yep, can confirm that we do not live in a post-apocalyptic hellscape.

If what you said were true, we would probably not live in a world where most people spend Further, given the absensce of the hellscape, if your assertion were true, the balance of benefit to provide our world—in which such a wide range of human wants or needs are easily satisfied—would have to come from a very small number of super companies that are providing the overwhelming surplus of benefits that make our world what it is. I feel that one or few companies that miraculously provides all value to humanity and is our great salvation would probably be a household name... And I'm pretty sure it's not Apple or Telsa.

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

#62

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 disman…

Sorry if this hurt your feelings. You're one of the good people, doing great work. From reading "How to Win Friends..." I learned the importance to make people feel important. Sorry if I didn't do that in this case. My acumen is smaller. I apologize for any triggering.

I was just poking fun at tech companies, funding not so well thought out positions.

To answer your question, its currently one of the stated goals of BLM.

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

#63
I also run a company [1] that primarily recruits low-income Brazilians from remote locations and teach them how to code and create data-related products. The company itself is for profit in the long run, but the first priority is to make our members grow (financially and psychologically), then generate profit for the founders.

During the entire process we focus 40% of their time to study/learn about soft skills (become a better person/human), 20% for hard skills (become a better professional) and 30% for producing code and create products, we pay 100% for all the courses and books they use to lean.

Every quarter we review and increase their monthly income based solely on their level of soft skills, not hard skills. So if they become more organized, have better communication, etc. they earn more. People can start as low as R$ 500,00 per month and grow up to R$ 25,000,00 per month.

In the end, our goal is to make each of them more (or totally?) lucid/self-aware (in the context of psychology) and financially independent (more than R$ 1 million on their bank account) in the maximum period of 10 years [2].

We have been doing it for the past 5 years, fully remote, and it's currently very close to becoming a sustainable process, as some of our current members are very lucid/self-aware and getting close (2-3 years away) to become financially independent.

[1] - https://www.simbioseventures.com/v/english/

[2] - https://www.simbioseventures.com/v/english/sobre-a-simbiose/...

Edit: clarification.

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

#64
I co-founded a company to make carbon removal accessible to everyone (https://carbonremoved.com)

Idea is to avoid the dubious carbon credit system and instead actually remove your historical footprint.

We've been iterating on different variations of the product for a year and registered a company (we're Swiss based) in April. So far we are responsible for the removal of 26tons of CO2 and with our customer base we're now removing over 10tons per month.

In the grand scheme of things, we know it's a small step but by supporting multiple carbon removal providers (Direct Air capture and storage; tree planting; enhanced weathring through olivine stones (coming soon); biochar (coming soon)) we're aiming to make carbon removal affordable while maximizing our environmental impact.

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

#65

I'm working on a company to create a universal basic income utilizing technology instead of financial instruments. Doing that through building homes that run on renewable energy, grow their own food and are cheap to make. The first prototype house should be done this year!

This is amazing, I'd really love to learn more! Do you have any resources I can look into?

I don't have a website yet or anything so that I can solely focus on the building, but my email is in my profile.

Essentially, the prototype is a tiny house with greenhouse attachment. Looks like it will come in around ~$25k. The greenhouse is 95% automated using hydroponics and sensors for any adjustments to turn on ventilation, water alerts or ph alerts for making sure the nutrient solutions are where they need to be. We are currently experimenting with deepwater and nft hydroponic systems.

After the prototype, we are going to raise money to build the first neighborhood. Houses will be a bit bigger, ~1500 sq. ft. and be fairly modern style, potentially in Denver. Powered via Solar for now. And basically get 10 or so people to move in all with a skillset that could help push the technology and needle forward on how this could be implemented at a larger scale.

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

#66
post #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…

Thank you for the story and insight, I find it mirrors a lot of Chamath Palihapitiya's perspective on capital being an instrument for change.

What are the hardest challenges you're facing lately in operating a privacy focused VPN service?

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

#67

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…

I founded a small company in my country doing this exact same format, but for energy and energy efficiency.

We have currently worked with our government and several other agencies, plus some overseas companies, and the struggles are basically the same.

>The customer is mostly project based, so retention is hard.

>but the technology use in many of these type of organisations, despite being heavily dependent on data, is patchy at best

Glad (kinda) to know I'm not the only one suffering with those problems. Sometimes is disheartening to struggle as a small company when working with this kind of entities.

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

#68
post #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 frie…

[The parser of HN does not like Http with a capital H. Edit your comment to change it to an h so it become clickable.]

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

#69

I'm working on a company to create a universal basic income utilizing technology instead of financial instruments. Doing that through building homes that run on renewable energy, grow their own food and are cheap to make. The first prototype house should be done this year!

Interesting, care to share more?

Hey Tim!

Feel free to reach out, my email is in my profile.

But basically, its a fairly modular house, currently located in Colorado that uses solar for energy and a couple different hydroponic systems in an attached greenhouse. We've been looking at/building every step to understand where construction costs are coming from and what options are out there.

For example, we were quoted early on for part of the house foundation for $9k by multiple contractors, but when we asked a lot of questions we found we could get it done without any real skillset to do it ourselves with about 10 hours of work and $500. Work any volunteer could do. So, been working on cutting costs out of the process and working on automatically making food.

Next step is a small neighborhood to get more people involved and working towards figuring out how to expand it to a larger scale.

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

#70
Ecosia (https://www.ecosia.org/) is a search engine based in Germany which spends most of its profits in reforestation efforts by collaborating with local non-profit organizations. They also publish their monthly financial reports here: https://blog.ecosia.org/ecosia-financial-reports-tree-planti...

Disclaimer: Not related to them in any way but recently came to know about them when they hit the 100 million count of trees planted.

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