Venture capitalist Todd Dagres was "dissatisfied" by "traditional philanthropy," so he's proposing a Shark Tank-style investor competition for nonprofits.
"The great gusher of wealth created by the technology industry in the past two decades rained down on Todd Dagres in abundance, allowing him to live what he himself calls a sometimes 'narcissistic' life.... As his bank account grew, Dagres gave away money in the ways many wealthy people do: He wrote big checks to hospitals and his alma maters, helped pay for an arts center at his high school, considered establishing a foundation. Now, dissatisfied with that kind of traditional philanthropy, he is considering a different approach to charitable giving, and it is signature Dagres — a bit brash, a dose of flash, but serious in purpose." -- Sacha Pfeiffer, the Boston Globe
