““[Bill Gates] has been historically one of my best supporters…One of my favorite e-mails he ever sent me…I proposed this crazy project. And he sent back this two-line response: ‘This has got to be the craziest thing you’ve ever suggested. Please proceed.’” ”
CitationShares Adds Programs, Cuts Staff
Greenwich, Conn.-based CitationShares has announced partnerships with TerraPass, a retailer of carbon offsets, and Corporate Angel Network, a charity that arranges free flights to treatment for cancer patients. CitationShares customers can now donate flight hours to the charity and can balance their "carbon footprint" by purchasing carbon offsets from TerraPass for hours they fly.
Meanwhile, CitationShares has laid off 41 office staff and furloughed 52 pilots because, said CEO Steve O'Neill, the company had had "too much capacity." He added, however, that "the decline in selling and flight activity has begun to level off."