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Steve Rhodes / Flickr cc

Tech execs are donating millions to organizations that are challenging Trump's executive order and helping immigrants remain in the U.S. The American Civil Liberties Union (ACLU) in particular is receiving a lot of Silicon Valley love — racking up over $24 million in online donations over the weekend.

Below is a growing list of the company execs giving big to the ACLU. For more visit TechCrunch's in-depth article:

Giving millions

Google is donating an initial $2 million for a crisis fund that can be matched with up to $2 million in donations from employees. The money will go to the American Civil Liberties Union, the Immigrant Legal Resource Center, the International Rescue Committee and the U.N. Human Rights Commission. Google execs will also donate separately to the effort.

Lyft said it would said it would donate $1 million to ACLU over the next four years.

Giving $150k

Chris Sacca, venture capitalist and early investor in companies like Twitter and Uber, announced his donations via Twitter: "The ACLU took Trump to court. Let's stand with them. Reply with donation receipts from today and I'll match to $25,000." As replies piled up, Sacca doubled and tripled his match offer, then said he was "matching my own match and giving $150,000."

Giving $50k

Trinity Ventures VC Ajay Chopra; Stripe CEO Patrick Collision; Charles River Ventures partner Izhar Armony; Xamarin co-founder Nat Friedman; Intercom CEO Eoghan McCabe; and Sequoia Capital's Mike Vernal are all matching up to $50k.

Giving $20-25k

Facebook's head of advertising Andrew Bosworth and Nest founder Tony Fadell will match $25k. Union Square Ventures partners Fred Wilson, Joanne Wilson, Amy Batchelor and Brad Feld are matching $20k.

Giving $10k or less

Ziggeo CEO Susan Danziger and USV partner Albert Wenger; Homebrew Venture partners Hunter Walk and Satya Patel; and Slack CEO Steward Butterfield will match $10k.

Separately, Uber said it would create a $3 million defense fund to cover legal, immigration and translation costs for drivers affected by the ban

Go deeper

Ina Fried, author of Login
Sep 22, 2021 - Economy & Business

Dapper Labs raises $250M, strikes NFT deal with LaLiga

Dapper Labs, the company behind the NBA Top Shot digital collectibles, announced today it has raised $250 million in fresh funding and struck a deal to work with Spain's LaLiga to create NFTs with the soccer league.

Why it matters: It shows that venture firms remain bullish on the underlying notion of infusing collectibles with digital technology.

Dan Primack, author of Pro Rata
Sep 23, 2021 - Economy & Business

A taxing proposal

Illustration: Annelise Capossela/Axios

We're more than a decade into the political debate over how to tax carried interest, the profits earned by private fund managers on others investors' capital. And somehow the proposals are getting worse.

Background: For the uninitiated, carried interest is usually taxed as a capital gain, rather than as ordinary income.

Ina Fried, author of Login
Sep 23, 2021 - Economy & Business

Facebook CTO Mike Schroepfer to step down

Facebook CTO Mike Schroepfer speaking at a forum in Laguna Beach, Calif., in October 2019. Photo: Martina Albertazzi/Bloomberg via Getty Images

Facebook confirmed Wednesday that CTO Mike Schroepfer will leave that post next year and become a part-time adviser, while longtime engineering executive Andrew Bosworth will assume the CTO role.

Why it matters: It's a major leadership shift that has one veteran engineering leader cutting back his involvement and another getting a significant promotion.