Incredibly, yesterday’s $45 billion pledge by Mark Zuckerberg and Priscilla Chan far exceeds the balance at the Gates Foundation, the coffers of which are already stuffed with giving from Bill Gates and Warren Buffet. Even so, it’s not the incomprehensible bounty in play but the business structure of the Chan Zuckerberg Initiative that is interesting — and concerning — to financiers, tax collectors and the watchdogs of democracy.
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“Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.”
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