, dedicated to the Goals of putting Social, Environmental & Small Business causes above any Profit & share prices on Wall Street. Toward these Goals, we strive to give-away
of our Net Profits on Annual basis, as detailed below, to Organizations working to make maximum positive Social & Environmental Impacts, as long as our financial conditions allow us to do so -
First, We are not under any legal obligation to give our profits away, but this is something we strive to do since we care Not about Maximizing
revenues and resulting profit & share prices on Wall Street, but we only care about doing Maximum Good. And as such, we want to support as much as we can organizations working along with us to make Maximum Small business, Social and Environmental IMPACT.
With that said, we say as long as our financial conditions allow us to do so, because to operate a self-funded non-profit company, specially in the Internet industry where for-profit companies are getting $100-Mill
in Series-A, $500-Mill+ in Series-B/C
and Billions in IPO; is a
near impossible challenge
. As evident by the fact that Anoox is the only non-profit Search engine & Social network in the World that has stayed in business passed 3 Years. Set aside the fact that we have stayed in business past 10+ Years now - Info
. So we have achieved more than anyone thought possible, but for us to achieve far more, such as deliver a Search engine that can actually Scale to deliver real Choice
to Google monopoly over search, is going to take 10s of Million Dollars in funding. In particular it is going to take about $50-Mill in funding. Now as large as $50-Mill is, consider the fact that it is less than 1% of funding that Google & Facebook have received, and less than what most Series-A fundings of Internet companies are Today as per above examples. So we would like to get such funding via a one time or an Annual Grant, which means we would not have to pay it back, in which case then we will be able to stick with our 100% profit give-away goals as listed here. But if we cannot get it as a Grant and can get it only as an investment, then in fulfilling the obligations of this investment we may have to curtail or end our profit Give away program in part or in whole.
Are you a Government Organization or a High impact investor that wants to make a real Social impact, by helping Anoox to grow
to offer real Choice in regard to all important Search engine & Social network - contact us