TalkBox gifts 1% equity to entrepreneurial nonprofit
BOULDER — TalkBox, a startup that makes privacy booths for cellphone users, is gifting 1 percent equity to Venture for America, a nonprofit that connects recent graduates with jobs at startups.
TalkBox is a venture backed by Boulder-based Red Idea Partners, an innovation consulting and venture firm that’s been growing startups for the last 10 years.
By giving equity to nonprofits, startups are able to give back to the community without relying on cash-based monetary donations, as most startups are cash-strapped when they start out.
“Startups…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!