nonprofit

“I think most nonprofits, I would venture to say, are in starvation mode, and they're in starvation mode largely driven by this culture of measuring them based on how much they spend on overhead versus program, which is just so sad.”

“To me, the only the only obligation you have if you take public money and spend it on a non-profit is to report back truthfully, objectively, and to a great level of detail on what you learned, what was the outcome of the experiment.”

“The way that organizations set up as far as how we set up our operations, how we set up our platform, how we set up for scale, our products, all those things is the exact same way that a for-profit technology company is set up. And we believe that's the best w…”

“Now, the underbanked space, lesser space, has been traditionally dominated by nonprofits and ignored by VCs.”

“With a nonprofit the expense statement, you know, will scale to meet the available funding. Sort of on, on autopilot, right? To make sure the thing goes to break even.”