Quote:
Originally Posted by Phanuthier
Why does he need advisers? He just wants to donate money to a charity.
(Agreed to your 2nd last paragraph, which is pretty much that. He's doing what he believes is best based upon the amount of info that is readily available; he's not going to hire a team of lawyers and PR people to financially engineer this, the guy just wants to make a donation to charity and you don't need a team of lawyers to do that.)
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So he's just going to draw up all the paperwork, complete the transactions, manage the assets of the LLC, etc.. all himself?
Of course he needs people handling all the intricacies of the finances and legal issues involved with this. You don't think Zuckerberg has a financial advisor, and said advisor wouldn't recommend this type of structure regardless of what Zuckerberg's motives are? he doesn't JUST want to make a donation to a charity, that's the point. This isn't like you calling your advisor and saying you want to donate 20 shares of Facebook to Meals on Wheels or something. He's creating a whole corporation for the purpose of charitable and progressive action. You bet your ass he needs a team of advisors, lawyers and accountants to set that up, especially if it's worth billions.
And if you made it past that point, you'd see I am just playing devil's advocate, as in, looking for reasons why some might be skeptical of this. This IS the guy who threw his best friend out of their own company with financial technicalities.