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When Bezos announced the fund via Instagram, he said that he would 'begin issuing grants this summer'. Summer ended 6 days ago. I'm going to out on a limb and s
by marcusverus 6y ago
When Bezos announced the fund via Instagram, he said that he would 'begin issuing grants this summer'. Summer ended 6 days ago. I'm going to out on a limb and suggest that this concern might be a tad premature.
I have zero doubt that Bezos will spend the money he said he would, and much more. It's straight out of the mogul handbook. It's what Rockefeller, Carnagie, and Gates did, and many more before them. Bezos has made a name for himself as a (ruthless) businessman, and now he wants to make a name for himself as a philanthropist. The man did not announce a fake 10B fund to gain momentary praise. He will give away this money (and much, much more) because he wants to build himself a legacy.
As of now, he's six days behind schedule. If he hasn't made in grants in a year or two, then it might be time to give him shit. But six days? C'mon.
- sunstone 6y agoAs Gates said, "It's as hard to give this stuff away effectively as it was to make it in the first place."