CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Idiot: Entrepreneurs Foundation gives advice on giving back Mon Sep 22, 2008 10:13 am | |
| A decade ago, Silicon Valley companies were awash in profits from the Internet boom, but the money wasn’t trickling down to the community nor was the mind-set there to do so.
Enter venture capitalist Gib Myers, a general partner with venture capital firm Mayfield Fund that was working with pre-IPO startups in the valley.
He saw the disconnect and understood it would take more than asking a business for money. It would require educating companies on why it was important to consider allotting a portion of their revenue toward the betterment of the community. To that end, he created a nonprofit that would guide companies on how to share their wealth with the Silicon Valley community.
In 1999 Myers started Entrepreneurs Foundation to help companies incorporate social responsibility into their operations early within the company's life cycle.
http://www.bizjournals.com/sanjose/stories/2008/09/22/focus10.html _________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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