Create a free account, or log in

A little goes a long way: Why Atlassian is encouraging startups to pledge 1% of their equity to charity

Atlassian has a long-standing commitment to donating 1% of its resources, equity, profit and employee time towards philanthropy and giving back.
Dominic Powell
Dominic Powell
Atlassian
Mark Reading, head of the Atlassian Foundation. Source: Supplied.

Social impact and philanthropic gestures have long gone hand-in-hand with the world of startups, as billion-dollar companies and investors strive to put their wealth to good use.

Bill and Melinda Gatesโ€™ foundation has all but eradicated polio, Salesforce founder Marc Benioff and his wife Lynne have donated millions to healthcare organisations, and Warren Buffett has donated over $40 billion dollars since the turn of the century.

And while this may seem to many like the exclusive realm of the mega-rich and mega-successful, the founders of Aussie startup success story Atlassian say they want every company, big or small, to do their bit for charity.

Sign up to continue