Andreessen Horowitz, Venture Capital Firm, To Give Half Profits To Charity

In an effort to kickstart more charitable giving around Silicon Valley, the six general partners at venture firm Andreessen Horowitz http://a16z.com/ are pledging to give half of their lifetime income from venture capital activities to charity.

In addition, the partners plan to donate $1 million immediately to six Silicon Valley nonprofits, ranging from food to youth programs.

By Sarah McBride – Reuters

Full Story: http://www.huffingtonpost.com/2012/04/25/andreessen-horowitz-ventu_n_1454050.html