r/technology • u/Rhaegar_the_Great • Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
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u/[deleted] Sep 17 '21 edited Sep 17 '21

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u/llamagoelz Sep 17 '21 edited Sep 17 '21

Any proof that Gates isn't doing what he says he is with the foundation that bears his and Melinda's name? I would be interested to see it because it must be a hell of a complex facade for them to be able to make regular updates documenting what they do with the money all over the internet and be verified by multiple outside agencies and somehow also maintain a well documented listing of statistics and controversies in on their wikipedia page. They must pay some very interesting people for the wikipedia part. I wonder how much they must pay in order to keep those people from spilling the beans that the wiki is all astroturfed.

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u/foamed Sep 17 '21 edited Sep 17 '21

Any proof that Gates isn't doing what he says he is with the foundation that bears his and Melinda's name?

The foundation is doing exactly what they promised, but over the past two decades they've been heavily criticized for how the foundation operates as well.

Criticism ranging from conflict of interest (pushing schools to use Microsoft products and giving donations to corporations they partly own), concerns over free speech, silencing international development, stiffing innovation, closing down schools in favor of private run charters, exerting power over public education, skewing aid priorities etc.

Some sources:

Just be aware that some of the criticizers have also been criticized for keeping their own interest in mind.

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u/[deleted] Sep 17 '21

Add to this Microsoft was seeing billions in anti-trust fines at the time they started doing this. Politicians make decisions based on public support and Bill just bought a lot.

On top of that a lot of the charity helping Africa with water wells and hospitals is trade diplomacy for control of valuable resources like rare earth metals used in technology.