It's interesting to compare the differences between the two applications-
For Profit -
https://gist.github.com/e1ven/6467215
Non Profit-
https://gist.github.com/e1ven/6467309
Overall, it seems like they've replaced 'company' with 'organization', and dropped a number of questions relating to making money.
Interestingly, many of the questions have been dropped without replacement, even when I would imagine the answer would be very interesting to YC!
For instance, 'Who are your competitors' has been dropped entirely.
Nonprofit companies can certainly compete with one another.. But they also often compete with for-profit companies.
Take for example Wikipedia - They're a 501(c)(3) but they've certainly competed with Encyclopedia Britannica, Grolier, Encarta, etc.
It might be helpful to keep the questions, but to ask them in a modified way.
For instance, "Who is this going to disrupt?"
Similarly they dropped "How do or will you make money?", without replacing it with "How do you plan to you raise money?"
"How will you get users", and "Was any of your code written by someone who is not one of your founders?" were also dropped.
They also haven't (yet) added questions relating to non-profits, such as "Why do you think you will be able to get a 501c(3) classification?"
It's a really interesting idea, and it'll be interesting to see where they grow with it.
It really reminds me of the first few years of YC where they were making it up as they went along, before they started the current cycle of continuous improvements through validated learning.
Watsi was the MVP, now they're ready for Beta ;)
For Profit - https://gist.github.com/e1ven/6467215
Non Profit- https://gist.github.com/e1ven/6467309
Overall, it seems like they've replaced 'company' with 'organization', and dropped a number of questions relating to making money.
Interestingly, many of the questions have been dropped without replacement, even when I would imagine the answer would be very interesting to YC!
For instance, 'Who are your competitors' has been dropped entirely. Nonprofit companies can certainly compete with one another.. But they also often compete with for-profit companies.
Take for example Wikipedia - They're a 501(c)(3) but they've certainly competed with Encyclopedia Britannica, Grolier, Encarta, etc. It might be helpful to keep the questions, but to ask them in a modified way. For instance, "Who is this going to disrupt?"
Similarly they dropped "How do or will you make money?", without replacing it with "How do you plan to you raise money?"
"How will you get users", and "Was any of your code written by someone who is not one of your founders?" were also dropped.
They also haven't (yet) added questions relating to non-profits, such as "Why do you think you will be able to get a 501c(3) classification?"
It's a really interesting idea, and it'll be interesting to see where they grow with it.
It really reminds me of the first few years of YC where they were making it up as they went along, before they started the current cycle of continuous improvements through validated learning.
Watsi was the MVP, now they're ready for Beta ;)