Beneblog: Technology Meets Society

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Big Data Means More Than Big Profits

Beneblog: Technology Meets Society

And though they use the massive sets of data they collect to help create a better experience for their consumers (such as customized ads or tailored movie recommendations), their primary goal is to use what they learn to maximize profits. Working together, we can show how Big Data makes more than big profits—it can make a big difference.

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UpEnergy: cool for-profit social enterprise

Beneblog: Technology Meets Society

The rise of for-profit social enterprises has been quite exciting. He's joined forces with other social entrepreneurs in the field to found UpEnergy , a new for-profit social enterprise that wants to scale the impact of their successful pilot projects. Evan Haigler is a social entrepreneur I've known for years.

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For-profit or nonprofit: what's the issue?

Beneblog: Technology Meets Society

I frequently get asked by folks I know in the for-profit tech sector (where I come from), why we don't focus on making money. We chose a nonprofit form to do those things we were sure the for-profit world wouldn't do. If serving shareholders is that bottom line, because you're a for-profit, I respect that.

Profit 100
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FOR-PROFIT OR NONPROFIT?

Beneblog: Technology Meets Society

FOR-PROFIT OR NONPROFIT? Within the nonprofit: If the business is "related," you won't have to pay unrelated business income tax (UBIT) on the profits from the business. Otherwise you may have to pay a tax on profits equal to the normal corporate tax rate. But you get the liability protection of a sub.

Profit 100
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Unlocking Technology-for-Good Innovation

Beneblog: Technology Meets Society

The typical incubator model works well where a team has formed around a technology innovation and is looking to graduate a for-profit company. What happens, however, with technology applications that could provide great social benefit but that won’t generate big profits? The typical for-profit incubator has a funnel of startup teams.

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Work on the Biggest Social Challenges of Our Time!

Beneblog: Technology Meets Society

Are you willing to work on delivering maximum good for humanity, rather than maximum profits? We also offer great salary by nonprofit standards and annual bonuses, but do understand that we aren’t able to match what Silicon Valley for-profit technology companies can provide. Join our team and help us make more impact than ever!

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Big News at Benetech (and for me!)

Beneblog: Technology Meets Society

Today, there are hundreds of tech social entrepreneurs who have followed their passion to create enterprises that prioritize people over profit. When Benetech began, we didn’t know of any other tech for good social enterprise. I can assure you that I am not retiring. I plan to stay involved at Benetech!

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