Andreessen Horowitz to give half their earnings to charity

Re:Andreessen Horowitz to give half their earnings to charity by bksenior on Wednesday April 25, 2012 @08:22PM (#3891774)

This seems a bit naive. One needs to continually generate resources to continue to be able to finically stomach bets on risky ventures (startups). It wold be the equivalent of a farmer giving away all his crops and not having money to fix the engine on his thresher the following harvest.

Dependent on the details this should be applauded. Although I think it would be much more interesting if they took part of their money and created grants for companies doing good in the world that would have trouble sustaining profitability.

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Re:Andreessen Horowitz to give half their earnings to charity by pmarca on Thursday April 26, 2012 @01:24AM (#3892560)

> ...it would be much more interesting if they took part of their money and created grants for companies doing good in the world that would have trouble sustaining profitability.

That is a very interesting idea but I suspect hard to apply in practice. I'd love to see someone try.

One example is that a number of local VCs support our local physical bookstore Kepler's in that way (it would have closed long ago if not for their grants) -- they feel its presence makes the community a better place.

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