New Story Charity was one of Y Combinator's first non-profits
Brett Hagler · 3D Home Printing for the Developing World – Alexandria Lafci and Brett Hagler of New Story Charity · Y Combinator · Apr 4, 2018 · at 0:10
Brett Hagler, co-founder of New Story Charity, introduces his organization and its participation in Y Combinator.
0:00 / 0:08exact quote · 8.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“So, we're a non-profit. One of the first ones to go through Y Combinator, and we build houses and communities throughout the developing world.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Brett Hagler
A major humanitarian group raised $500M but built only six houses
“It was one of the largest humanitarian organizations, like a bunch of big headlines came out that they raised basically like half a billion dollars and within like six years had only built, and this is not an exaggeration, I think like six houses. That's like …”
Nonprofits should operate with the same principles as tech startups
“Like we believe there should be no difference in how a nonprofit operates.”
3D home printing can reduce construction costs from $6,500 to $3,000
“So right now our homes on average are about 6500 dollars per home. We believe with three D home printing, we can get that down to about 3000 dollars over time, not in the beginning, but over time,”
New Story uses 100% of public donations directly for home construction
“100% of what you give will go towards building the house. Well, it's not going to cover any of our overhead, and we do that by having a couple private donors that fund all of our overhead, like private investors, basically.”
New Story plans to open-source its 3D home printing technology
“We want to prove that in our communities and then not keep that for new story. Right? Like, not like, oh, this is RIP, like, sorry guys, like, we've got this three D printer. But then open source or democratize that with all the other nonprofits and government…”