alt Hacker NewsAh yes, they're just redistributing the money, the trickle down economy right ? They're basically a non profit humanitarian association at that point
Ah yes, they're just redistributing the money, the trickle down economy right ? They're basically a non profit humanitarian association at that point
Profit or loss is out of the equation.
Somehow Facebook getting a huge amount of money. They are distributing that money to a million people (directly or indirectly to employees, share holders, employees of 3rd party partners). Some people are getting billions and some are getting $100s.
Instead of handful of people in Facebook management deciding to be humanitarian, you now have a million people deciding what to do with their portion. It is that simple.