Since the recovery is expected to cost over $200 billion by recent World Bank estimates, we have been skeptical about the efficacy of thinly spreading the donations. As venture capitalists, we know that the most effective approach may be to focus our resources into a few very passionate and capable teams who “show their face.”
Funds collected for this purpose are regarded as charitable contributions and may be eligible for tax deduction. For further information or if you require receipts for your donations, please contact the KIBOW secretariat on kibowjp@globis.co.jp.