Charity

charity

Jeff Raikes named new CEO of Bill and Melinda Gates Foundation

Jeff Raikes, a Microsoft employee since 1981 and current head of the Office Business Division, will be replacing Patty Stonesifer as the CEO of the $37.3 billion Bill and Melinda Gates Foundation. Raikes has been close to the First Couple at Microsoft for some time, and has some nonprofit experience through a trusteeship at the University of Nebraska. A sports fan who takes his daughter to University of Washington women's basketball games, Raikes is also part-owner of the Seattle Mariners baseball club. In the announcement, the foundation said it will be doubling the employment rolls. Look for more senior "softies" to move to the charitable organization as a pre-retirement change of pace. But the question remains why the foundation can't, or won't, hire more experience non-profit veterans to manage the fund.(Photo by Steve Jurvetson)

4:40 PM on Mon May 12 2008
By Jackson West
389 views, 2 comments

Latest by bbucy: Mymanjack: If by "manage" you mean handling the money then the answer is clear. If by "manage" you mean making decisions on more »

charity

Taj Chahal makes fameball brother Gurbaksh look even more narcissistic

Everyone's favorite topless egoist Gurbaksh "G" Chahal has a new startup and an agent at William Morris who has landed him a television appearance and a book deal (which, not surprisingly, is about him). But what of his older brother, Taj Chahal, the former VP of operations at ad network BlueLithium which was sold to Yahoo for $300 million? He's wasting his time, and his money, feeding the homeless at Martha's Kitchen in San Jose. He spent $8,000 catering a meal for local homeless on his birthday, and is pictured here pouring drinks for one of the approximately 300 who came to eat. So who, exactly, is the most eligible of the two Chahal brothers, both bachelor millionaires? Your move, G.

3:00 PM on Wed May 7 2008
By Jackson West
1,452 views, 4 comments

Latest by p24: I think that he did a very beautiful and noble act. I also think that people should stop comparing him more »

charity

Marc Andreessen gives away more money than your startup has raised

Netscape, Opsware and Ning cofounder Marc Andreessen and his wife, Stanford grad-school professor Laura Arrillaga-Andreessen, have donated $27.5 million dollars to Stanford Hospital to update its emergency room. According to the report, the pair have been planning a major charitable donation "since the day they got engaged in 2006." Billionaire romance is different from the regular sort, isn't it?

4:14 PM on Fri Nov 9 2007
By Megan McCarthy
1,280 views, 2 comments

Latest by uninsured: Does this mean that the people who have health insurance, and who can afford Stanford Hospitals astronomic fees will get more »

jeff bezos

The grinch who stole $3.99

SCOTT KIDDER — Buying holiday gifts on Amazon.com? For anywhere from $2.99 to $5.99, depending on the item, you can have your item gift wrapped. How convenient! More »

2:20 PM on Thu Dec 21 2006
By skidder
173 views, Comment

larry ellison

Larry Ellison, world's biggest hypothetical philanthropist

Larry Ellison recently told a reporter, "I think after a certain amount, I'm going to give almost everything I have to charity because what else can you do with it?" For the Oracle CEO, "everything" means over $18 billion. "What else can you do with it" means: More »

11:06 AM on Mon Jul 10 2006
By Nick Douglas
1,807 views, Comment

youtube

Flipmeat grill-up: Self-righteous search, sneaker pals, and NBC saves YouTube

YouTube, the biggest independent Web 2.0 firm that needs a lucrative deal like a hooker needs a free clinic, wins distribution of NBC shows. After NBC's SNL clip "Lazy Sunday" went viral on YouTube (and got yanked), the network finally realized that its viewers all moved to the Internet. [Washington Post]
Geez, is any microindustry safe from invasion of the do-gooders? [GoodSearch]
If you're building your social network around rare sneakers, you really need to flip down your collar, put the Wes Anderson DVDs back in their cases, and listen to Prince for a while. [Sneakerplay]

5:27 PM on Wed Jun 28 2006
By Nick Douglas
106 views, Comment

larry ellison

Ellison stiffed Harvard because girls stink at math

Larry Ellison released a messenger falcon from his castle turrets to officially announce why he stiffed Harvard for a promised $115 million donation. Without Harvard prez Larry Summers on board, Ellison's minions said, he just didn't feel the gift was right. More »

7:00 AM on Wed Jun 28 2006
By Nick Douglas
430 views, 2 comments

larry ellison

Remainders: Ellison officially gives Harvard the finger

Apple's iPod maker says the sweatshop story isn't true, and they've vaguely threatened a lawsuit over the claim, made by the UK's Daily Mail. Can we resolve this peacefully so the slaves can crank out more toys? [Apple Insider]
Props to Gnomedex organizer Chris Pirillo for designing conference tees that we'd pay good cash for (pictured). [Pirillo.com]
I was utterly remiss not to show you this classic 1998 rant about writing for Wired Magazine. [Boing Boing]
The "Coolz0r" blog has so far catalogued 54 services using "Flickr"-style names. If anyone wants to use this as a hitlist, the blogger will not be held responsible. [Coolz0r]
AOL knew it was shady back in 2000. Then again, so did everyone else. [CNNMoney]
Larry Ellison officially admits — it's not about the sick kids, it's about his buddy at Harvard. Those expecting the Oracle founder's $115 million donation can suck it. More on this tomorrow. [SFGate]

8:28 PM on Tue Jun 27 2006
By Nick Douglas
135 views, Comment

larry ellison

Perks of being Ellison: Saying "fuck you" with a safari

Oracle's high-rolling CEO may not actually be the Almighty, but he's pulled off a miraculous deal with his latest lawsuit settlement. More »

11:49 AM on Tue Jun 27 2006
By Nick Douglas
158 views, Comment

charity

Charity doesn't begin in the Valley

In this, our final (for now) "rich people snubbing charities" post, a reader sends a letter about his own getting-ignored-by-Valley-people story. Over the past few years, Michael Birdsong asked VCs or tech company leaders, all employing him at the time, to match funds he was raising to fight cancer. Give ya two guesses whether they even responded. More »

10:45 AM on Thu Jun 22 2006
By Nick Douglas
53 views, 2 comments

Latest by meme: If it doesn't have anything to do with their legacy (e.g. donating to their alma mater :roll eyes: ) most more »

Valleywag team

SUBSCRIBE TO Valleywag