"He has informed us that he plans to sell or gift no more than $1 billion of Facebook stock each year for the next three years and that he intends to retain his majority voting position in our stock for the foreseeable future."
What an amazing donation! But not for the foreseeable future. I don't care how multiplicative his voting shares are. If there is no plans to sell them in the foreseeable future, this is a pledge spread out across a generation, decades, while real problems are affecting us every year. Every year where he just capped himself at 1 billion dollars in donations.
http://www.sec.gov/Archives/edgar/data/1326801/0001326801150...
What an amazing donation! But not for the foreseeable future. I don't care how multiplicative his voting shares are. If there is no plans to sell them in the foreseeable future, this is a pledge spread out across a generation, decades, while real problems are affecting us every year. Every year where he just capped himself at 1 billion dollars in donations.
Why are you applauding this?