Zuckerberg’s Philanthropy Project Makes First Major Investment

Go Lean Commentary

We hereby submit to be Number 2!

Facebook’s founder and CEO Mark Zuckerberg – see VIDEO below – has identified and invested in his FIRST philanthropic project … in the region of Africa … with a heavy focus on Information & Communications Technology (ICT). That is Number 1; “we”, the Caribbean region would like to request to be Number 2, or 3 or 4 … anywhere. We do not care about which nominal order we receive the investment, only that he invests, along with other philanthropists of his ilk, in our Caribbean youth to help us forge technology careers in our region. See the news article here:

Title: Zuckerberg’s philanthropy project makes first major investment
s philanthropy project makes first major investment - Photo 1

(Reuters) – Facebook Inc founder Mark Zuckerberg’s philanthropy venture has made its first major investment, leading a funding round in a startup that trains and recruits software developers in Africa.

The Chan Zuckerberg Initiative LLC, created by Zuckerberg and his wife Priscilla Chan, led a $24 million Series B funding in Andela, the startup said on Thursday.

Alphabet Inc’s GV, previously known as Google Ventures, was also part of the funding round.

Andela selects the top 1 percent of tech talent from Africa, trains them and places them in engineering organizations.

The startup, which has nearly 200 engineers currently employed by its Nigeria and Kenya offices, will use the funds to expand to a third African country by the end of 2016.

“We live in a world where talent is evenly distributed, but opportunity is not. Andela’s mission is to close that gap,” Zuckerberg said in a statement.

When the philanthropy initiative was launched in late 2015, Zuckerberg said he would put in 99 percent of his Facebook shares.

The initiative is structured as a limited liability company. This means, unlike a traditional charitable or philanthropic foundation, the venture can make political donations, lobby lawmakers, invest in businesses and recoup any profits from those investments.

Zuckerberg has also signed the Giving Pledge, which invites the world’s wealthiest individuals and families to commit to giving more than half of their wealth to philanthropy or charitable causes over their lifetime or in their will.

(Reporting by Anya George Tharakan in Bengaluru; Editing by Sriraj Kalluvila)

Source: Reuters News Source – Posted June 16, 2016; retrieved June 17, 2016 from: http://sports.yahoo.com/news/zuckerbergs-philanthropy-project-makes-first-major-investment-123251464–sector.html


VIDEO – Mark Zuckerberg Biography Computer Programmer, Philanthropist (1984–) –  http://www.biography.com/people/mark-zuckerberg-507402/videos/mark-zuckerberg-mini-biography-36891527

Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world’s youngest billionaires.

The Caribbean has a lot of expectations for technology in the region, so  as to aid and assist with our goal to elevate our regional society. This campaign is detailed in the book Go Lean…Caribbean, serving as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU) to elevate Caribbean society. This movement calls for investments of time, talent and treasury to effect change in this region. The book posits that all Caribbean stakeholders (governments, residents, institutions, students, Diaspora) would be willing to devote a measure of these three ingredients if they had them, but these resources are deficient here. So these stakeholders need to lean-in to the plans of others, like philanthropist Mark Zuckerberg.

The Go Lean book strategizes a roadmap for economic/security/governing empowerment; but it also clearly relates that many social aspects of Caribbean life will be un-addressed. This is a void that NGO’s (Non-Government Organizations) can fill. Many times, these organizations offer free money, that requires no repayment!

The Go Lean roadmap invites NGO’s to impact the Caribbean according to their charters. Though forging change in the region is the responsibility of the region, we must be open to ask for help, to accept the help, and respond to the help being offered. (And then to give an account of the helping resources extended).

This is why we hereby submit to be Number 2 for Mr. Zuckerberg!

The Go Lean/CU movement champions the cause of building and optimizing the Caribbean eco-system. According to the foregoing article, it is important to identify, qualify and foster those with genius potential in Internet & Communications Technology fields and to do so as soon as possible.  There is the expectation that fostering such skills and industries can contribute to the fulfillment of the Go Lean prime directives, defined as follows:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
  • Establishment of a security apparatus to protect the resultant economic engines.
  • Improve Caribbean governance to support these engines.

The Caribbean does not only want to be on the consuming end of technological developments, we want to create, produce and contribute to the world of technological innovations. So the CU/Go Lean roadmap explicitly asserts that the love and curiosity for technology must be ingrained in our youth as early as possible. So the plan is to foster genius qualifiers in our Caribbean youth for careers and occupations – at home – that involve Science, Technology, Engineering and Mathematics (STEM).

These points – of ICT and STEM – were pronounced at the outset of the Go Lean book with this opening Foreword (Page 3) and the subsequent Declaration of Interdependence (Page 12 & 14) with these statements:

Foreword:  Our youth, the next generation, may not be inspired to participate in the future workings of their country; they may measure success only by their exodus from their Caribbean homeland.

xiii.  Whereas the preparation of our labor force can foster opportunities and dictate economic progress for current and future generations, the Federation must ensure that educational and job training opportunities are fully optimized for all residents of all member-states, with no partiality towards any gender or ethnic group. The Federation must recognize and facilitate excellence in many different fields of endeavor, including sciences, languages, arts, music and sports. This responsibility should be executed without incurring the risks of further human flight, as has been the past history.

xxvi. Whereas the Caribbean region must have new jobs to empower the engines of the economy and create the income sources for prosperity, and encourage the next generation to forge their dreams right at home, the Federation must therefore foster the development of new industries, like that of ship-building, automobile manufacturing, prefabricated housing, frozen foods, pipelines, call centers, and the prison industrial complex. In addition, the Federation must invigorate the enterprises related to existing industries like tourism, fisheries and lotteries – impacting the region with more jobs.

xxvii. Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

xxx.  Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

This is a mission of the CU, to create an eco-system for technology education, appreciation and manifestation of industrial initiatives. The goal is to create 64,000 new direct and indirect technology/software jobs in the Caribbean Single Market. So it will be a good start – even if we are Number 2 – to use the grants and support (time, talent and treasuries) of Facebook’s Mark Zuckerberg – and other philanthropists and NGO’s – to foster this campaign.

Under the Go Lean roadmap, the structure is put in place to include contributions of time-talent-treasuries of NGOs/foundations. One feature of the Go Lean roadmap involves Self-Governing Entities (SGE’s); these may be structured as NGO’s at times. This structure will provide the needed regulatory oversight and accountability. The following list details other community ethos, strategies, tactics, implementations and advocacies to optimize the region’s public/private cooperation and endeavors:

Community Ethos – Deferred Gratification Page 21
Community Ethos – People Respond to Incentives in Predictable Ways Page 21
Community Ethos – “Crap” Happens – So solicit NGO’s Aid Page 23
Community Ethos – Return on Investments Page 24
Community Ethos – Cooperatives Page 25
Community Ethos – Non-Government Organizations Page 25
Community Ethos – Ways to Bridge the Digital Divide Page 31
Community Ethos – Ways to Impact the Greater Good Page 37
Strategy – Vision – Confederate all 30 member-states into a Single Market Page 45
Strategy – Customers – Non-Government Organizations are Stakeholders Page 48
Strategy – Competition – Attention to Caribbean as Opposed to Other 3rd World Page 56
Separation of Powers – State Department – Regulator and Liaison for NGO’s Page 80
Implementation – Ways to Pay for Change Page 101
Implementation – Ways to Implement Self-Government Entities Page 105
Implementation – Ways to Deliver Page 109
Implementation – Ways to Impact Social Media Page 111
Implementation – Ways to Foster International Aid Page 115
Advocacy – Ways to Create Jobs Page 152
Advocacy – Ways to Improve Education Page 159
Advocacy – Ways to Better Manage the Social Contract Page 170
Advocacy – Ways to Foster Cooperatives Page 176
Advocacy – Ways to Improve Libraries – Portals for Technology Education Page 187
Advocacy – Ways to Foster Technology Page 197
Advocacy – Ways to Foster e-Commerce Page 198
Advocacy – Ways to Impact Foundations Page 219
Advocacy – Ways to Impact Youth Page 227
Appendix – Billionaires on the list of The Giving Pledge Page 292

The details of such philanthropic projects have been detailed in previous Go Lean blog-commentaries; see sample list here:

http://www.goleancaribbean.com/blog/?p=7989 Transformations: Getting over’ with ‘free money
http://www.goleancaribbean.com/blog/?p=7963 Being a ‘Good Neighbor’ – Like Puerto Rico needs right now
http://www.goleancaribbean.com/blog/?p=7896 The Logistics of Disaster Relief
http://www.goleancaribbean.com/blog/?p=7822 Doing more against Cancer – Facebook co-founder Sean Parker
http://www.goleancaribbean.com/blog/?p=6422 Microsoft Pledges $75 million in Philanthropy for Kids in ICT
http://www.goleancaribbean.com/blog/?p=5462 NGO Accountability – The Case of The Red Cross’ $500 Million Haiti Fund
http://www.goleancaribbean.com/blog/?p=3432 International Aid “drying up” for Caribbean countries
http://www.goleancaribbean.com/blog/?p=2126 Where the Jobs Are – Computers Reshaping Global Job Market
http://www.goleancaribbean.com/blog/?p=1698 STEM Jobs Are Filling Slowly
http://www.goleancaribbean.com/blog/?p=1193 EU willing to fund study on cost of not having CARICOM
http://www.goleancaribbean.com/blog/?p=1112 Zuckerberg’s $100 Million Investment in Newark’s Schools Declared a Waste
http://www.goleancaribbean.com/blog/?p=816 The Future of CariCom – Too dependent on Foreign Aid
http://www.goleancaribbean.com/blog/?p=476 CARICOM Urged on ICT
http://www.goleancaribbean.com/blog/?p=451 CARICOM deliver address on reparations – Looking for Free Money
http://www.goleancaribbean.com/blog/?p=308 CARCIP Urges Greater Innovation

There is the old adage: “Charity begins at home”.

This is true, and preferable, if the resources are available “at home” in the first place. For the Caribbean, our “cupboards are bare”.

The Go Lean book describes how to empower and elevate Caribbean societal engines. The book clearly depicts that Not-For-Profit charities, foundations and NGO’s are stakeholders for the effort to make the Caribbean better. We need their access to alternate capital. Many members of the “One Percent” – see list of billionaires on Page 292 – want to help “change the world”; they want to give of their time, talent and treasuries. (But in turn, want accountability). The CU will help facilitate their vision. This is win-win!

Welcome to the Caribbean Mr. Zuckerberg. And bring your friends along.

We must accept all genuine help to make the Caribbean a better place to live, work and play. 🙂

Download the book Go Lean … Caribbean – now!


Share this post:
, , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *