What happens when technology can do great things for humanity, but doesn't make a lot of money? Technology and social entrepreneur Jim Fruchterman explores the social good side of technology applications: how to get great tech tools to the people who often need them the most, but are least able to afford them!
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Benetech exists in the social entrepreneurship sector. This article, from the Wharton School, takes a critical look at venture philanthropy. Even as a relentless booster of the benefits of venture philanthropy, I have to admit that their core conclusion is correct: that pure venture philanthropy is still a small segment of the philanthropic funding sector. But, new ideas often have small market share early on. The real question is: do they deliver the results? I believe that the rapid growth of venture philanthropy is continuing because it delivers good results, and that much of this investment is not explicitly labeled venture philanthropy.