...in a very transparent way.
All of the money spent will be tracked in this publicly-accessible spreadsheet >>> https://docs.google.com/spreadsheets/d/1-eGxq2mMoEGwgSpNVL5j2sa6ToojZUZ-Zun8h2oBAR4/htmlview#
Jack Dorsey, CEO of both Twitter and Square, announced on Tuesday that he'll be giving that kind of money to fight Covid-19. And he's structuring the gift in a very ususual away.
It comes in the form of almost $1 billion in Square stock (worth $997.8 million), which Dorsey says amounts to about 28 percent of his personal wealth, and which Dorsey says he'll transfer to a private company to handle the disbursements.
Most notably, every step along the way will apparently be detailed in a publicly available Google spreadsheet.
Dorsey made the announcement (where else?) in a Twitter thread, promising to "mov[e] $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief."
It comes in the form of almost $1 billion in Square stock (worth $997.8 million), which Dorsey says amounts to about 28 percent of his personal wealth, and which Dorsey says he'll transfer to a private company to handle the disbursements.
Most notably, every step along the way will apparently be detailed in a publicly available Google spreadsheet.
Dorsey made the announcement (where else?) in a Twitter thread, promising to "mov[e] $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief."
All of the money spent will be tracked in this publicly-accessible spreadsheet >>> https://docs.google.com/spreadsheets/d/1-eGxq2mMoEGwgSpNVL5j2sa6ToojZUZ-Zun8h2oBAR4/htmlview#
