I’m sure you heard the news over the weekend about Robert F. Smith and his unexpected act of generosity to graduates at Moorehouse College. If you missed it, Mr. Smith announced during his commencement speech that his family would create a fund that would pay off all of the graduates college loans. What an incredible act of philanthropy that came with a challenge to pay it forward, which I am sure will happen.
What’s especially great about this, to me, is that Mr. Smith is the CEO of Vista Equity Partners, an investment firm that focuses on the tech industry and has ownership in some marquee companies in the IT industry. Respected industry companies like Apptio, Datto, LogicMonitor and Ping Identity as well as several others.
Just last week, former ConnectWise CEO Arnie Bellini announced his family’s intention to give away $70 million dollars to their local community. Arnie started with a $7 million donation to the private high school he attended in Tampa.
These acts of generosity are inspiring. It’s wonderful to see successful people giving back. It’s especially wonderful to see these two gentlemen having such an impact on high school and college age graduates. Their acts will surely pay it forward. Our young adults, whether college bound or entering the workforce, need the inspiration of individuals like this. One could only hope to be able to have such an impact on the up and coming generations.
Thank you Robert and Arnie for your leadership and philanthropy. I couldn’t be more proud to see these acts coming from technology entrepreneurs. Just another thing I love about this business.