Jun 2, 2014

IDEA #126: Marketplace for Doing Good


Congrats to Matt Galligan (@mg) and Shervin Pishevar (@shervin) on their launch of 1% Of Nothing (@1percentof) , an initiative for startups to allocate 1% of equity to a non-profit of their choice, which isn’t used unless an acquisition occurs. Thus the non-profit is also pulling for your startup to be a success!

Part of this initiative is the ability for companies to donate 1% of labor as well if they want (or more).

That got me thinking- it is really difficult to know where you could donate your time to help someone or a non-profit out. I am sure there are elders, single moms, and more that could use a paint job on their house, or a door fixed, or other help around the house, or building, or volunteer help, or pets taken care of while someone is in a hospital, etc.

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