Cambrian House Sells Its Wishing Well
Cambrian House has entered into a licensing deal with MakeGood a Vancouver based company that specialises in something they call Giving 2.0. Under the deal Cambrian House will supply MakeGood with its Chaordix platform and GreedyorNeedy.com (GoN) in exchange for cash and equity.
GoN was launched in November of 2006 under the name RobinHoodFund offering weekly prizes between $20,000, $1000 and recently $100. Community members would vote on which members wish will be granted one that’s needy (selfless) and greedy (selfish).
“We’re proud of the GreedyorNeedy community whose members have actively worked to change the way people give online over the last year and a half. MakeGood’s vision for Giving 2.0 will help to grow the GreedyorNeedy community which MakeGood will now manage,” said Shelley Kuipers, President of Cambrian House.
At one point in the development of GoN members were able to donate money to different members wish’s but that system was discontinued.
“Our two visions aligned so well that it was natural to pursue a partnership,” said Richard Goossen, CEO of MakeGood. “We’re eager to bring GreedyorNeedy to the next level of giving.”
As part of this transaction, Shelley Kuipers, President of Cambrian House and Michael Sikorsky, CEO of Cambrian House, have agreed to join MakeGood as advisors, collaborating as thought leaders in crowdsourcing to assist MakeGood in its business and community strategies. Cambrian House will continue to develop its portfolio companies, including Gwabs, FilmRiot, Prezzle, Knottle, and the Chaordix crowdsourcing platform.