Netflix cofounder Reed Hastings just gave stock worth $1.1 billion to a Silicon Valley charity

Netflix cofounder Reed Hastings just gave stock worth $1.1 billion to a Silicon Valley charity

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None Netflix cofounder and executive chairman Reed Hastings gave away 40% of his stake in the streaming giant. • None He donated the holding, worth about $1.1 billion, to the Silicon Valley Community Foundation. • None The charity is favored by the elite of Silicon Valley including Mark…

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