Word: nonprofitability
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...growth when it comes to technology companies--places like Phoenix, Ariz.; Denver; Boston; Portland, Ore.; Fort Worth and Austin, Texas--also happen to be the cities with the fastest-rising house prices. "This is no coincidence," says Ross DeVol, an economist at the Milken Institute in Los Angeles, a nonprofit think tank. "The indirect effect of [dotcoms'] being there is that landlords jack up the rates on everyone else. It's out of control...
...political operator as head of the Center for Democracy and Technology, a Washington-based advocacy group. As a proponent of free speech and privacy on the Net, Berman helped overturn the Communications Decency Act of 1996, Congress's attempt to outlaw pornography on the Internet. Now Berman and his nonprofit center are fighting for legislation to protect consumer privacy on the Internet. The very corporations he often opposes, including America Online and Microsoft, finance his $1.25 million annual crusade. Says Berman: "Being an advocate doesn't always mean being an adversary." --By John Simons...
...newcomers must vie for hard-core political junkies and insiders, who represent relatively few eyeballs. And this narrow slice of the market is being sought by such heavyweights as ABC, the Washington Post and CNN, each of which has a big Web presence, to say nothing of countless nonprofit sites that are chockablock with the skinny on your Representative's latest vote. "I liken the new sites to the specialty stores you see at Christmas," says Preston Dodd of Web watcher Jupiter Communications. "You wonder what they'll do after the elections, let alone for the next four years...
...premise is that it is not just money that makes a nonprofit foundation succeed or fail; it is also talent, expertise and creative ideas--the same attributes that make a profitable business. This is the sort of thinking that is "breathing fresh air into the whole world of philanthropy," says Lester Saloman, director of Johns Hopkins Center of Civil Society Studies. The venture-capital community--especially blue-chip firms like Kleiner Perkins Caufield & Byers, which has funded Google and Amazon.com among others--believes it has honed its skills at picking winners to a point where it can apply them...
...criticizes the nonprofit "industry" as being too fragmented, with only 28% of the 600,000 U.S. charitable organizations having budgets of more than $500,000. By Doerr's reasoning, too much money is being spent on overhead, with too little going to the intended beneficiaries. He would like to see some rugged capitalism applied to weed out inefficient organizations so that more money would flow to those that are really maximizing their results--say, by improving math scores...