I had planned on writing my thoughts about the Chan Zuckerberg initiative – then found this blog by Anil Dash (thanks, Susan Tenby) which says it better than I can:
“It is absolutely fair and necessary to be critical of Zuckerberg’s philanthropic efforts, both past and present, to ensure that this gift of $45 billion dollars is put to good use. That is because the default dispensation of the money will be to waste it. For example, Zuckerberg donated $100 million to Newark schools to almost no effect, in a gift that was revealed to have been explicitly managed by Sheryl Sandberg to be timed to offset the negative publicity surrounding the release of the movie The Social Network. Given that track record, our default assumption should be that this is a similar move, though obviously this announcment (sic) being coupled to the birth of their daughter makes such assumptions seem churlish or rude.”
Please read the full blog by Anil Dash here.