in

Jack Dorsey invites you to follow along via Google Docs as he spends $1 billion on COVID-19 relief

 

Jack Dorsey has officially thrown his hat in the rich-person-fighting-COVID-19 ring.

Dorsey, the CEO of both Twitter and Square, announced on Tuesday that he will transfer a significant portion of his equity in the latter company to an LLC. The stated goal of that LLC, at least initially, will be responding to the havoc wrought by the coronavirus pandemic.

“I’m moving $ 1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief,” wrote the CEO. “After we disarm this pandemic, the focus will shift to girls’ health and education, and UBI.”

I’m moving $ 1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz

— jack (@jack) April 7, 2020 Read more…

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

These are the 5 best shows to watch on Quibi

Stephen Colbert and Conan O’Brien get real on video chat about how much they miss live audiences