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Either he's sold off quite a bit in the secondary market, or this donation represents almost all of his liquid assets.
by sdurkin 16y ago
Either he's sold off quite a bit in the secondary market, or this donation represents almost all of his liquid assets.
- markbao 16y agoI don't feel like those two are mutually exclusive. Nor that $100M could be all his liquid assets—if he does indeed have $100M to donate, then chances are good that he has more.
- deleted 16y ago[deleted]
- peterzakin 16y ago"Mr. Zuckerberg is setting up a foundation with $100 million of Facebook stock to be used to improve education in America, with the primary goal of helping Newark." From the WSJ article: http://online.wsj.com/article/SB10001424052748703860104575508472745513134.html?mod=WSJ_hps_MIDDLETopStories http://online.wsj.com/article/SB1000142405274870386010457550...
- sdurkin 16y agoAh, that explains it.
- xelipe 16y agoAnytime someone announces that they will invest X million into a public charity, always ask, over what period and under what conditions? This reminds me of how BP pledged $20 billion to help the Gulf states affected by the oil spill, but they didn't mention the tax break they got out it and how it was actually placed in an escrow account with conditions favorable to them. I applaud his actions but question his timing and motivations.