Friday, April 27, 2012

Venture Capital to Charities

(Reuters) - In an effort to kickstart more charitable giving around Silicon Valley, the six general partners at venture firm Andreessen Horowitz are pledging to give half of their lifetime income from venture capital activities to charity.

In addition, the partners plan to donate $1 million immediately to six Silicon Valley nonprofits, ranging from food to youth programs....Individuals ranging from Facebook CEO Mark Zuckerberg to filmmaker George Lucas have signed on. The group includes venture capitalists John Doerr of Kleiner Perkins Caufield & Byers to Mike Moritz of Sequoia Capital.

2 comments:

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  2. Millionaires such as Mark Zuckerberg, George Lucas, T Harv Eker, etc. have been doing charitable works to share their blessings. Hopefully more and more rich people or companies will give to charities not only to help others but also give better future to people who needs help such as the young children in Africa.

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