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Bezos Earth Fund has yet to announce a single grant

23 pointsby dkuralover 4 years ago

2 comments

mikestewover 4 years ago
I think her first mistake was assuming that the fund was something other than a tax avoidance scheme.<p>At the same time, I don&#x27;t think it unreasonable for it to take seven months of due diligence to find a worthy recipient. Let&#x27;s say you announce something many, many orders of magnitude smaller: &quot;I&#x27;ve got $1000 to give away to the first 10 people that write me a nice letter stating why I should give it to them.&quot; How many seconds before your inbox starts bouncing &quot;mailbox full&quot; messages? At Earth Fund levels, the smarminess must be overwhelming.
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marcusverusover 4 years ago
When Bezos announced the fund via Instagram, he said that he would &#x27;begin issuing grants this summer&#x27;. Summer ended 6 days ago. I&#x27;m going to out on a limb and suggest that this concern might be <i>a tad</i> premature.<p>I have zero doubt that Bezos will spend the money he said he would, and much more. It&#x27;s straight out of the mogul handbook. It&#x27;s what Rockefeller, Carnagie, and Gates did, and many more before them. Bezos has made a name for himself as a (ruthless) businessman, and now he wants to make a name for himself as a philanthropist. The man did not announce a fake 10B fund to gain momentary praise. He will give away this money (and much, much more) because he wants to <i>build himself a legacy.</i><p>As of now, he&#x27;s six days behind schedule. If he hasn&#x27;t made in grants in a year or two, <i>then</i> it might be time to give him shit. But six days? C&#x27;mon.
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