Bill Ackman agrees with Jeff Bezos: the best way to help the world is to build something that works
TL;DR Bill Ackman says capitalism beats philanthropy at solving problems. Jeff Bezos made the same case. Ackman’s new Brain Research Institute uses nonprofit capital to spin out for-profit companies with equity for staff. Bill Ackman has spent close to $1 billion on philanthropy over two decades and concluded that capitalism is better at solving problems….