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Billionaire Donors Lavish Millions On Code.org Crowdfunding Project
theodp (442580) writes "Whether it's winning yacht races, assembling the best computer science faculty, or even dominating high school basketball, billionaires like to win. Which may help explain why three tech billionaires — Code.org backers (and FWD.us founders) Mark Zuckerberg, VC John Doerr, and Sean Parker — stepped up to the plate and helped out Code.org's once-anemic Hour of Code Indiegogo crowdfunding project with $500k donations. When matched by Code.org's largest donors (Bill Gates, Reid Hoffman and others), the three donations alone raised $3,000,000, enough to reach the organization's goal of becoming the most funded crowdfunding campaign ever on Indiegogo. On its campaign page, Code.org remarked that "to sustain our organization for the long haul, we need to engage parents and community members," which raises questions about how reliant the K-12 learn-to-code movement might be on the kindness of its wealthy corporate and individual donors. Code.org started shedding some light on its top donors a few months back, but contributor names are blank in the 2013 IRS 990 filing posted by the organization on its website, although GuideStar suggests the biggest contributors in 2013 were Microsoft ($3,149,411) and Code.org founders Hadi and Ali Partovi ($1,873,909 in Facebook stock). Coincidentally, in a Reddit AMA at Code.org's launch, CEO and Founder Hadi Partovi noted that his next-door-neighbor is Microsoft General Counsel and Code.org Board member Brad Smith, whose FWD.us bio notes is responsible for Microsoft's philanthropic work. Just months before Code.org and FWD.us emerged on the lobbying scene, Smith announced Microsoft's National Talent Strategy, which called for "an increase in developing the American STEM pipeline in exchange for these new [H-1B] visas and green cards," a wish that President Obama is expected to grant shortly via executive action."
to drive down the salary of coders so that they can take more of the profit.
Why support a racist and misandric bunch of SJWs? This ends up perpetuating stereotypes, while creating resentment all around.
Prove anything by multiplying Huge Number times Tiny Number
That's like 0.1% of their worth. It would be like me "lavishing" 60$ on them.
Now it all makes sense. These are cheap flashy diversions intended as distraction from the real agenda. They can claim they are supporting the future of STEM education in the US, and training those post K-12 to become employable in software. See, they are patriotic businessmen who love the US!!!
Meanwhile the real plan is to flood the market with unlimited foreign trained employees and drive technical salaries into the dirt. They won't be satisfied until technical talent is in the same range as minimum wage.
Before anyone screams that I'm crazy, that is exactly what happened in the visual effects industry. A combination of moving jobs offshore, lots of 1H-B visas, and a glut of under-trained people moved salaries for many into the under $25/hour range. No health insurance, and since everyone is a show hire, no job security. You don't like the unpaid 40% overtime? Go work at Starbucks.
By the way, that is not a theoretical circumstance. I know someone who used to do pretty well doing visual effects. Eventually he had to declare bankruptcy, and take jobs at both Starbucks and Target. When he finally got back into do effects he was making a third his previous salary. Since he is officially a "professional", he works at least 16 hours a week unpaid overtime. The job is six months, and at the first of the year he'll be pounding the pavement looking for something else. It's kind of like free lance indentured servitude.
If your think that your precious technical ass is immune to this, you deserve to end up sleeping in your car. The plan to screw you is in motion and all systems are go. The only question is what are you going to do about it.
Why is Snark Required?