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EBay's founder just invested $500,000 into an experiment giving away free money
GiveDirectly, a charity running a 12-year-long experiment in basic income later this year, has received a sizable investment from eBay's founder.
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GiveDirectly has raised $23.7 million of its targeted $30 million. A spokesperson from the charity says the new investment does not change the timeline of the overall experiment.
Omidyar, for its part, has expressed optimism that once it begins it'll produce many fruitful insights "
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