Social start-ups may prosper in downturn
Every now and then, entrepreneurs drop out of the rat race. That happened quite a bit during the last downturn. People turned instead to social entrepreneurship — creating businesses designed to improve social welfare. We can expect that to happen again during this downturn.
Maybe it’s already happening. The Stanford Social Innovation Review journal held an Online Giving Marketplaces conference on Wednesday, focusing on how charities are using the Internet to change the face of philanthropy…. Continue Reading
Nonprofit social networks reach escape velocity
The social networking market has brought fame and fortune to a number of Silicon Valley startups. But several entrepreneurs have veered off the path of being the next valley billionaire and have instead harnessed the viral nature of social networking to support nonprofit causes. After a couple of years laying the groundwork, these social-networking nonprofits are just now hitting escape velocity.
Probably the best example of this kind of company that combines doing good with good… Continue Reading