Y Combinator's first nonprofit aims to crowdfund health care
MOUNTAIN VIEW, Calif. -- Though it is the undisputed king of incubators, many Y Combinator alumns have failed to make a profit over the years. But now, Watsi, which is hoping to bring a Kickstarter crowdfunding model to health care, is aiming to be its first (intentional) not-for-profit venture.
At Y Combinator's 16th Demo Day here today, Watsi showed off its platform, which is trying to be the first global crowdfunding platform for health care.
Rather than graduating from the Y Combinator program and seeking investment from tech-savvy venture capitalists, Watsi is soliciting donations from the tech community.
The … Read more