Twitter CEO Jack Dorsey has pledged to donate $1 billion of his equity to Smart Small LLC in order to fund the COVID-19 relief efforts that they are making. The main focus of his $1 billion is for girls health and education. I can really respect this and I am glad that his money is going to make an actual impact on a group of people that truly need help right now.
Dorsey says, “This contribution will help Twitter and Square in the long run because they are helping the people that they want using their site.” To me this can be misconstrued due to the fact that this is a crisis and it seems as if they might be taking advantage of it to benefit themselves in a way.
Dorsey also stated that, “He hopes his efforts spark more large donations from billionaires around the world.” Although a lot of celebrities have been extremely quiet during these times, some are taking the same steps as Dorsey, like Zuckerberg, the CEO of Facebook to flatten this curve as fast as possible . These contributions of wealthy individuals need to continue if we want to take care of the COVID-19 as best as possible and I think that they will. Only time will tell what is going to happen with all of this stuff, but it is reassuring that there are people out there that care enough to donate millions of dollars.
John Marano's Digital Marketing Blog 