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Re:A letter to our daughter by unchocked on Tuesday December 01, 2015 @06:38PM (#10659769)
Your question is a good response to the framing of this philanthropy as "giving back". Indeed, if the point of it is to give back, why not simply mold your corporate behemoth into something kinder and gentler.

I don't think this sort of thing is about "giving back" however. I think it's something more ambitious than that: to "do something", do something transformative for the future.

Though Zuck's manifesto isn't well thought out yet, I'm stoked that he's committed to doing something with that $45B. Because hoarding up billions of dollars into family dynasties is pretty much doing nothing.

Re:A letter to our daughter by scott_karana on Tuesday December 01, 2015 @07:57PM (#10660109)
> Because hoarding up billions of dollars into family dynasties is pretty much doing nothing.

Well, his money isn't stuffed under sofa cushions, so it would bankers choosing what to invest in, but your point still stands. ;)

Re:A letter to our daughter by KayEss on Tuesday December 01, 2015 @10:39PM (#10660754)
If the wealth is held as stock then there is no "money" for the bankers to do anything with. At best he can borrow money with the stock as collateral and then allow bankers to invest that.
Re:A letter to our daughter by jacquesm on Wednesday December 02, 2015 @01:21AM (#10661336)
In that case he'd better pray the stock doesn't tank.