Nonprofit’s Finds Success in Acting Like a Tech Startup

"Crowdfunding" by Simon Cunningham licensed under CC BY 2.0
Crowdfunding” by Simon Cunningham licensed under CC BY 2.0

Source: SF Gate

Synthesizing humanitarianism and technology, the nonprofit Watsi is developing a crowdfunding application to let individuals donate small amounts of money to medical treatment for individuals in the developing world. At the behest of its founder, Chase Adam, the nonprofit maintains a staff of at least 50% software engineers and practices “radical transparency,” including a Google Doc on its website that lists detailed monthly financial statements.

Watsi’s backers include many well known tech funders, including Y Combinator and venture capitalist Vinod Khosla. Founder Adam hopes that nonprofits will learn to embrace technology and that top technology professionals will devote their skills to bettering the world, instead of creating the latest Pinterest or Instagram.

Read full story at: SF Gate

Health, News
Health, News