As the story goes, upon giving him millions of dollars, entrepreneur and Inc. Magazine creator Bernie Goldhirsh told his son Ben Goldhirsh to “Do something good.” And, apparently he did just that. In 2006, Ben Goldhirsh, then 26, launchedGOOD, a magazine dedicated to social causes.
Eschewing traditional business models, Goldhirsh decided to throw parties instead of marketing, which is how I ended up dancing with The Brazilian Girls at the National Museum of the American Indian in the summer of 2006. Even though I was broke in those days, I immediately signed up for the magazine, because instead of regular subscription fees, subscribers could pick a charity of their choice to donate the annual $20 fee, and that made me feel good. Since its launch, the magazine has found sweet success with a dedicated readership and plenty of money in the bank.
This Tuesday,Fast Company reportedthat GOOD is acquiringJumo, a social network for people who want to change the world created by Facebook and team Barack Obama veteran Chris Hughes. Today, we have more news from GOOD. As tipped to us bya tweet from Brainpicker, “Apparently,@GOODis working on a Kickstarter killerhttp://t.co/zwkMqrL.”
The new platform, which will be used “for funding the best and brightest ideas” is a result of its 2010 acquisition ofWowcrowd. But I don’t think that this will be a Kickstarter killer, as Kickstarter tends to focus on more creative projects in both arts and technology. Furthermore, there’s still plenty of room in the crowdsource funding space, as startups likeIndieGoGocontinue to grow. I’m excited for GOOD’s new platform, as it will inspire and enable creative thinkers to work on their best ideas for a greater good. Sign uphereto stay informed.
Story byCourtney Boyd Myers
Courtney Boyd Myers is the founder of audience.io, a transatlantic company designed to help New York and London based technology startups gr(show all)Courtney Boyd Myers is the founder ofaudience.io, a transatlantic company designed to help New York and London based technology startups grow internationally.
Previously, she was the Features Editor and East Coast Editor of TNW covering New York City startups and digital innovation. She loves magnets + reading on a Kindle.
You can follow her onFacebook,Twitter @CBMandGoogle +.
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