Ask news.YC: Is your startup making the world a better place?
Do you spend any time evaluating the possible effect your startup could have on society if you succeed? Have you ever adjusted your plans in order to have a more positive impact on the world?
It's easy to argue that any time you make a free-market profit, you've made the world a better place, but I'm not sure I'd ever be content to make a fortune in something like domain squatting. What do you think? Are you attempting to create value, or to acquire wealth?
23 comments
[ 51.2 ms ] story [ 69.8 ms ] threadIf you can afford to delay monetization to do some good in this messed up World, definitely do it! You will be rewarded for it.
Sometimes, it seems like the products that succeed in a free market are not necessarily the products that will make consumers happiest in the long run.
For instance: Facebook has a ludicrously high valuation, but is it actually creating that much value? I don't think so -- the monetary valuation of Facebook is mostly due to the fact that it is addictive and contagious, rather than due to any substantial consumer betterment created by the service.
(That general critique is also applicable to most of the facebook apps out there so far, I think)
But I agree that their revenue is generated mostly because most of their users have trouble limiting their time on the site, which can be considered a negative impact.
Anybody working on a "do-gooder" startup that they want to share here?
I know for myself, how music has enhanced my life and it may sound lame, but I still think that if you discover a new band or some band you never knew of, you might go to a show, experience different music, meet new people or just learn something new.
Beside my awesome answer, I think this is a great question and want to hear others responses.
My other start-up is an email client that will hopefully, once and for all, relieve me of the frustrations I have currently with every other email service out there.
The first one is my real 'baby' because I am a scientist by trade; the second one is one that I would like to cash in on.
Maybe a social network with some points based on contributions/uploads. A license like creative commons where you have to release the data&paper of any work based on data licensed through the site...
Could be a great positive change in the world.
I simply don't understand the demonization of profit. Wikipedia and craigslist are so great that they didn't need to eschew monetization for fear of consequences. Even ads on one-tenth of their pages could produce enormous benefits in related non-profits.
To me, the true power of information is in the minds who shape it. Web companies can never go wrong in supporting educational initiatives. In growing brains, the interpipes will flourish. It's a learning medium through and through. Foster a diverse user base, and the technologies will continue to be revolutionary.
Good to see what else is going on.
you dont need to hold off monetizing a product so you can do some good :)
if you align your product and your revenue with your target audience (ie, the world), then you're golden.
if your product really does make the world such a better place, then making money off of it should be easy!
I guess in theory as long as you are not making the world a worst place, you must be adding values either directly or indirectly. If your company is successful then it must be satisfying a need, and that need could balance things out in the world, and either directly or indirectly make the world a better place. So in a way many of us are making the world a better place.
But if you ask how important is it to your startup to make the world a better place, or how much emphasis you give it, or is that one of your main goals, then you would probably find some interesting results, and I guess a lot of NOs (if people are honest!)