9:24 PM
GOOD, a social innovation website and the publisher of GOOD magazine,
has just bought Jumo — the Chris Hughes-helmed social network built
around philanthropy.
While the amount and exact terms are unknown, Hughes will be joining GOOD as a senior adviser while keeping Jumo close to its charitable roots. “Jumo.com will be the home for our open source code base, so that nonprofits and developers can use it,” Hughes told Fast Company. The goal is to enable other social entrepreneurs to use Jumo’s own progress to further global projects.
Hughes, who helped create Facebook, continued to rise through the social media ranks as part of Barack Obama’s 2008 presidential campaign. He started Jumo as a non-profit social network to help people find ways to help the world.
The sale to GOOD marries Jumo’s network of activists and nearly 15,000 socially driven organizations with GOOD’s own community of 3 million monthly users, according to Jumo’s official announcement.
This story is ongoing and will be updated throughout the day.
While the amount and exact terms are unknown, Hughes will be joining GOOD as a senior adviser while keeping Jumo close to its charitable roots. “Jumo.com will be the home for our open source code base, so that nonprofits and developers can use it,” Hughes told Fast Company. The goal is to enable other social entrepreneurs to use Jumo’s own progress to further global projects.
Hughes, who helped create Facebook, continued to rise through the social media ranks as part of Barack Obama’s 2008 presidential campaign. He started Jumo as a non-profit social network to help people find ways to help the world.
The sale to GOOD marries Jumo’s network of activists and nearly 15,000 socially driven organizations with GOOD’s own community of 3 million monthly users, according to Jumo’s official announcement.
This story is ongoing and will be updated throughout the day.
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