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Silicon Valley philanthropy: Give it away while you're young

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Manish Swarup/AP

A street child looks out from his classroom during studies conducted by the Salaam Baalak Trust at the New Delhi railway station in September 2004. Salaam Baalak Trust is an Indian charity for homeless children.

Silicon Valley naturally believes that it can change the world. This is at times a pathetic delusion, but also equally a chance for tech startup country to show off what it's got. Consider the case of Laura Arrillaga-Andreessen, wife of Mark Andreesen, who co-founded Netscape and is now a venture capitalist. This is from the New York Times Bits blog:

Laura Arrillaga-Andreessen is on a mission.

[She] thinks tech titans should be more philanthropic. And she is encouraging the youngest billionaires to give away their money now, not wait until after they retire or die.

But her mission extends beyond the tech world. She wants to expand the definition of the philanthropist, to include people who give time or expertise, not just money. She also argues that philanthropy should be more professional, by borrowing strategies like research and evaluation from Silicon Valley’s for-profit businesses. These strategies include using technology to make things more efficient, inventing new ways to do business and financing nimble upstarts.

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