Many nonprofits lack effective feedback loops and often don't use funds wisely, so I prefer to invest in projects that create tangible value.

We realized that many nonprofits lack transparency and accountability, leading to skepticism about where donations actually go.

Fundraising as a non-profit is challenging because you often need to approach many individuals to raise smaller amounts, unlike for-profits that can seek larger sums from fewer investors.

There's no urgency in non-profit fundraising, which leads to being pushed to the bottom of people's to-do lists.

Philanthropy can yield outsized results in saving lives, especially in areas where governments are risk-averse and lack resources.

After working at a large humanitarian nonprofit in Washington DC, I was disheartened to see that despite the skills of the staff, the organization struggled to make a meaningful impact due to donor restrictions.

The startup ecosystem is mixed in identifying contrarian opportunities; sometimes it recognizes them, but often it struggles to see potential markets until they become popular.

Fundraising can be one of the hardest parts of starting a company, and while it may seem like an open market, it's often not rational or fair.

YC's nonprofit program has evolved, and we have learned that being surrounded by energetic for-profit startups is a significant advantage for nonprofit founders.