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> There is such a thing as for profit for good.

Their association with Y Combinator doesn't help with that impression. How many other venture funded start ups exist to provide a societal benefit while making only a modest return? Isn't the goal a big exit?

They might not be venture funded yet, but they aren't at Y Combinator for the coffee, right? I know this sounds super cynical, so please tell me why I'm wrong. Why is this a good thing?




> How many other venture funded start ups exist to provide a societal benefit while making only a modest return?

YC has a non-profits program. https://www.ycombinator.com/nonprofits/

I don't see any indication that Promise is going non-profit, though.


Who says anything about a modest return? How much does the U.S. spend on prisons? How much does the world spend on prisons? Say they operate at a 30% discount, how much revenue is that? Off the top of my head, a lot.




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