Jumo and Some GOOD Unanswered Questions
August 19, 2011
Since we published Brad Smith's post "Jumo: Get Grant, Do Good, Sell" on Wednesday, a lively back-and-forth has been ricocheting around the Twitterverse. Twitter isn't necessarily the best forum for meaningful debate about difficult questions, so we thought we'd curate a few of the questions being raised:
- @edwarmi: Jumo joining Good - success or failure?
- @parastou110: @GOOD buys @jumoconnect. Grant to profit. Great, but shouldn't initial donors be offered $ back as part of sale?
- @rootwork: Have foundations been transformed into angel investors?
- @ssstrom: Question for foundations: What happens when grants end up as VC?
- @davidalynn: An entirely different goal for a nonprofit: get bought?
- @philaction: Is GOOD profitable? What's the difference between a subsidized unprofitable for-profit and a non-profit?
- @philaction: What's the total lifetime amount of subsidy of GOOD versus Jumo?
- @philaction: What is FMV [fair-market value]...for an undifferentiated non-profit whose IP is open source?
- @philaction: How do you negotiate an acquisition when 3rd party gets to set price later?
And one more of our own: Is the Jumo-GOOD merger a one-off, or should we expect to see more of this kind of thing in the future?
Keep those questions and (for the courageous) answers coming.
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