Social Good - Part 1
summary
A practice-driven argument for social startups: build for scale with product-market discipline, use apps and app stores to reach 100,000+ users directly, and blend revenue so a venture can be mix revenue 30–50% product while getting government, corporate and donor support. Examples cited: Hola Mundo as a hybrid, Farmigo as a profitable-local-food model, Indiegogo as a crowdfunding breakthrough. Operational tactics include hire only people with NGO experience, bootstrap until traction, then pursue social VCs or targeted corporate/government buys. Financial needs cited: a civic info site at ~$500k/year with ~250k monthly visits.
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