Why Don't More Nonprofits Act Like Tech Startups?

When it comes to using technology to solve humanity's problems, so much more can be done. That's how Chase Adam feels about it anyway.

“It's crazy that there are huge engineering teams figuring out how we can add a different filter to our photos, but there are so few people using the Internet and technology to bring education or health care to the world," he said. "It's absolutely mind-boggling to me."

As the founder of Watsi, a nonprofit that allows people to donate small amounts of money to crowdfund medical treatments for individuals in 20 developing countries, Adam, 29, is doing his part to remedy this imbalance. While Watsi's mission is stereotypically nonprofit (in the best possible way), the company operates more like a technology startup.