Google co-founders Larry Page and Sergey Brin (search) vowed to create a company "that does good things for the world even if we forgo short-term gains." Toward that end, the pair said they would earmark 1 percent of Google's stock and future profit for a charitable foundation.
- Read the rest of the article at the above link. Man, just imagine what couold be done with 10%.
1 comment:
It's hip to hate on Walmart, but there was a good article in the New York Times a few months ago entitled "How Costco Became the Anti-Walmart" or something to that effect. Essentially they take care of their employees and have a long-term vision, which the gentleman at google seem to possess. One quotable from the CEO of Costco, "On Wall Street, they're in the business of making money between now and next Thursday," he said. "I don't say that with any bitterness, but we can't take that view. We want to build a company that will still be here 50 and 60 years from now."
Keynes, that terrible, but very, very influential economist, once said, "In the long-run we are all dead", i.e. the long-run doesn't matter. Keynesian economics rules in our government and is the mentality of the day, beit liberal or conservative. As Christians, especially Presbyterians with a vision towards YHWH loving us & our children to a thousand generations, we can take a long-run view.
Besides providing the world images of my home & satellite technology to peep on me showering, I like Google.
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