The fund will focus on health and education for girls and 'universal basic income' after the pandemic. FMTNews Covid19 Twitter
SAN FRANCISCO: Twitter co-founder and CEO Jack Dorsey said Tuesday he was committing US$1 billion of his personal fortune to coronavirus relief through his philanthropic fund.
“I hope this inspires others to do something similar. Life is too short, so let’s do everything we can today to help people now.” Dorsey, who is CEO of both Twitter and Square, has created a foundation as well as the Start Small LLC – a model similar to that established by Facebook founder Mark Zuckerberg in his Chan-Zuckerberg Initiative, to allow for flexibility in funding start-ups and efforts a foundation may be ineligible to fund.
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