It wasn't too long ago that I was learning about this phenomenon called Groupons. Now I can't even begin to remember all of the deal-a-day sites in the Twin Cities.
I recently learned about another new entrant in town, this time with a philanthropic twist. Here's the e-mail interview I had with founder Stuart Graham about his new venture, www.theblindsquirrel.com.
Q: When did you start The Blind Squirrel?
A: We officially launched November 1, 2010, but had been refining the model since July.
Q: How does it differ from Groupon and other deal-a-day sites?
A: We focus on partnering with non-profits and community organizations, and sharing a significant portion of the revenue with them to help support their causes. (It says 2% on the company's website, although it says special deals could earn groups as much as 50%). Update: it's 2 percent of revenue after a 10 percent administration allowance.
Q: Can anyone pick any nonprofit, or just the ones you've partnered with?
A: There are two different ways for non-profits to benefit from our business: