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It will probably be at least a few years before Hampton Creek, the plant-based food startup known for its vegan mayo, goes public. But founder Josh Tetrick already has plans for doing good with the money he makes when that happens.
The idea that I could use whatever personal wealth that I might accrue from this to also do good . . that's what I want to do with my life.
"The whole company is based around using capitalism to make things a bit better," says Tetrick. "The idea that I could use whatever personal wealth that I might accrue from this to also do good . . . that's what I want to do with my life."
Tetrick is one of around 200 founders to take the Founders Pledge, a legally binding contract that says when a founder exits their company, they'll give at least 2% of the proceeds to charity (some pledge as much as 25%)....
Can only reshare my respect and admiration for these founder-philanthropists!