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This is NOT funding: - $250 million in ad grants ... - $340 million in Google Ads credits ... - A pool of $20 million in Google Cloud credits ... A company
by heinrichhartman 7y ago
This is NOT funding:
- $250 million in ad grants ...
- $340 million in Google Ads credits ...
- A pool of $20 million in Google Cloud credits ...
A company that has a Bazillion $ in the bank, has means to really make a difference. This is not.
Edit/Clarification:
The original title was: "$800M funding and grants to support ..". Now they changed it.
I take issue with the claim of providing funding, and all they offer is free ADs. I appreciate that Google is doing _something_. I don't think they have to. I don't think that free ADs is a thing that people need right now.
- onlyrealcuzzo 7y agoWhy does a company with a Bazillion dollars in the bank need to be a charity? If we agree that's the case, we should tax companies more. If not, what's the problem?
- danans 7y agoI tend to agree with you (and I'm a Googler), but good luck passing that tax legislation in the next few days. This emergency is now. There will be plenty of time to evaluate the degree to which our country has disabled and defunded government institutions, leaving us vulnerable in this sort of crisis - but first we have to get to the other side of the crisis. We should acknowledge the fact that these corporations are acting now, while keeping the perspective that the cash they are spending isn't in government coffers to spend on this pandemic in part because of the low corporate taxes.
- oh_sigh 7y agoDo you think you would get better services or obviate the need for corporate charity if the US government had an extra 10% revenue?
- heinrichhartman 7y agoThey don't have to. There is no problem. I am glad they are doing something. However, if you come forward and pledge to provide "800 Million funding and grants" and all you get is Google Ad credits, that's disingenuous.
- GrinningFool 7y agoCompanies with a bazillion dollars absolutely don't need to be a charity. But I think there's a moral obligation to support the same people and system that allowed the company to accumulate that wealth. By no means should any company be required to do this - but I know I'm going to take a close look at who I'm spending my money with when this is all over, and I'll be doing it through the lens of what they have contributed back to the communities that let them thrive in the first place. I hope I'm not the only one.
- adrianmonk 7y agoThe title of the blog post says "funding and grants". If it was all funding, they could have just written "funding", but they didn't.
- itsdrewmiller 7y agoIs there any funding? They are not very transparent about what the fund for NGOs and SMBs does.
- deleted 7y ago[deleted]