Yahoo News ChiliSoft founder plans to give away most of windfall
"Charles Crystle, chairman and former chief executive of ChiliSoft, said today he plans to donate about $11 million of the $15 million he expects from the acquisition toward boosting high-tech education opportunities in Central America. Crystle stepped down as chief executive in November; he felt he was better suited to run start-ups and was just plain burnt out from trying to run an increasingly large company. "I was just dying," he said. "I weighed over 250 pounds and felt like hell. I was in a bad mood all the time. That was for a year and a half."
"My advice to people who are making a ton of money is to pass on the yacht, rent a boat and put money into social ventures," Crystle said."
“"You're not a designer, you're not a writer, and you're not an editor!"
Well, no, blogger, you're not. And therein lies your gift. Because even if it's true the vast majority of blogs would not be missed by more than a handful of people were the earth to open up and swallow them, and even if the best are still no substitute for the sustained attention of literary or journalistic works, it's also true that sustained attention is not what Web logs are about anyway. At their most interesting they embody something that exceeds attention, and transforms it: They are constructed from and pay implicit tribute to a peculiarly contemporary sort of wonder.
...[T]he Web log reflects our own attempts to assimilate the glut of immaterial data loosed upon us by the "discovery" of the networked world. And there are surely lessons for us in the parallel. For just as the cabinet of wonders took centuries to evolve into the more orderly, logically crystalline museum, so it may be a while before the chaos of the Web submits to any very tidy scheme of organization.”
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