Here's some good news for your Saturday:
Sean Parker donates $10M for autoimmune research
Jon Swartz, USA TODAY
SAN FRANCISCO — Taking a page from the philanthropic playbook of Facebook CEO Mark Zuckerberg , Sean Parker on Monday made a major gift of his own.
He donated $10 million to establish a new research laboratory at the University of California-San Francisco Diabetes Center for autoimmunity research — and strongly hinted more is to come.
The 35-year-old Parker, who is worth an estimated $3.1 billion, has an "ongoing interest in immunology," dating to his health issues with allergies and asthma.
"The strategic plan is to eliminate type 1 diabetes," he said. "By no means is this the last grant."
Parker, who started companies including Napster and Airtime and was Facebook's first president, said he hopes to be a "catalyst" for scientific research that leads to improved treatments and reduced costs. Continue reading here.
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