They are a company with real revenue that's growing and they think the publicity will sort of make up for it, so they don't end up losing too much on it.
If yc does 5 nonprofits per batch, $500k is not a lot of money.
If yc does 5 nonprofits per batch, $500k is not a lot of money.
Note to founders - this is the kind of thing you can do when your startup makes money!