Michael Moritz, a billionaire venture capitalist and former chairman of Sequoia Capital, along with his wife Harriet Heyman, has initiated a global competition aimed at soliciting innovative proposals to enhance the livability of San Francisco. Through their private family foundation, Crankstart, they are offering up to $150 million to organizations that present viable solutions.
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Billionaire Launches Competition Offering $150 Million for San Francisco Improvement Ideas
Michael Moritz and Harriet Heyman are offering a total of $150 million through their foundation, Crankstart, to organizations that can propose innovative ideas to improve San Francisco. The competition is open globally and aims to attract diverse solutions.
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Billionaire handing out $150M to anyone who can fix San Francisco
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Billionaire Launches Competition Offering $150 Million for San Francisco Improvement Ideas