He would have been better off if he would have announced a series of 100 prizes worth $1 million to those individuals who come up with the best ideas for improving Facebook. Or, he could have spent the $100 million hiring more employees to monitor abuses of the Facebook service. Or, he could have thrown $100 million out of the window of his moving vehicle and assumed the people who picked it up would put it back into the economy.
Yet he chose to do one of the dumbest things a human being could do with $100 or $100 million.
Will $100 million:
a. Cause lousy parents in Newark to suddenly get involved in their childs' education or help them with homework or encourage them to read to their kids?
b. Cause poorly qualified teachers to magically become experts in their field of study?
c. Cause the teachers union in Newark to lose the power to protect bad teachers?
d. Cause tenure to go away in Newark?
e. Cause Newark to open up all school districts to competition, allowing any kid to go to any school he or she desires?
f. Cause the schools to adopt 1950s era punishment for unruly, disrespectful students?
g. Cause the IQ of the students in Newark to increase?
I wish Mr. Zuckerberg would reconsider. All he has accomplished is a net reduction of his wealth with nothing to show for it.