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kaycebasquestoday at 5:49 PM2 repliesview on HN

I'm curious about the logistical details of Newmark's donations. Skimmed the article but didn't see an answer. This is just a pledge to donate at this point, right? Newmark has not yet actually transferred any money? Presumably his trust would handle the transfer after his death or something. But then what exactly are they donating? Shares in a private company?


Replies

duncan-donutstoday at 5:51 PM

The article does say that he’s already given away this amount of money since the founding of Craigslist 30 years ago. From the sound of things he’s always actively doing philanthropic work, but I could be reading into it too much.