THP a norm of groundbreaking technology startups using a hybrid model.

THP a norm of groundbreaking technology startups using a hybrid model.

Date set
Oct. 11, 2024
Tournament
Harvard (APDA Meeting)
Topics
Technology, Economics
Background slide

Hybrid model organizations consist of a nonprofit entity that oversees a for-profit subsidiary. The nonprofit can act against shareholder interest in order to further the nonprofit's mission. The for-profit subsidiary is legally bound to answer to the nonprofit, but can issue equity, raise capital, and operate like a normal corporation in all other functions. Groundbreaking technology is an innovative advancement that significantly alters how society functions.