What are some of the main differences when founding a nonprofit vs for-profit startup? originally appeared on Quora - the
ArtLifting operates like any other gallery -- except it also empowers people who may not otherwise be able to sell their work.
It's absurd to cite the fact that social problems persist as evidence of the nonprofit sector's failings; indeed, it's fair to ask, how much worse might they be without the work of nonprofits?
A common misconception I often hear in the start-up world is that nonprofits are easy and safe, since they don't have to pay taxes, and they don't have to make a profit for their shareholders. Exactly the opposite is true.
“For-profit universities have incentives to try and maximize a return on investment,” explains Hess, who sees potential technological
Nonprofit Microlending is based on trust. For profit lending is not. This is a huge difference, and it's possible the latter could turn into a repeat of the villager loan shark mode
B Corp is allowing entrepreneurs like this to transcend the bifurcation of how we used to classify organizations, and find a comfortable structure somewhere in between.
For the second part of my series on start-up capital for social entrepreneurs, I've created a list of investors, incubators, networks and other resources that support start-up social ventures in the U.S.