Zuckerberg’s charitable venture makes its first investment in a startup
Jun16
on June 16, 2016
at 12:49 pm
Celebrating their newborn daughter last December, Mark Zuckerberg and his wife Priscilla Chan pledged 99 percent of their Facebook shares over their lifetimes to charity. Currently, they’re valued at $48 billion. The couple founded The Chan Zuckerberg Initiative to aid in that effort, and it’s now made its first investment. It’s leading a $24 million funding round for Andela, a New York-based startup that works with communities in Nigeria and Kenya to train software developers and connects them to companies that require their talent. In a statement about the investment, Zuckerberg said, “We live in a world where talent is…
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