Those partnerships between FTX and sports teams and individuals seem wholly different. They are not purporting to directly improve the world, the way donations to an altruistic cause do. (Rather, their purpose is, as far as I understand, to increase FTX’s profits—which in turn indirectly can increase their donations.) As such, there is no risk of a conflation between PR-related and direct impact-related reasons for those expenditures: it’s clear that they’re about PR alone.
FTX is a for-profit enterprise, and it’s natural that it engages in marketing. My comment rather concerned whether one should donate to particular causes because it looks good, as opposed to because it has a direct impact.
Those partnerships between FTX and sports teams and individuals seem wholly different. They are not purporting to directly improve the world, the way donations to an altruistic cause do. (Rather, their purpose is, as far as I understand, to increase FTX’s profits—which in turn indirectly can increase their donations.) As such, there is no risk of a conflation between PR-related and direct impact-related reasons for those expenditures: it’s clear that they’re about PR alone.
FTX is a for-profit enterprise, and it’s natural that it engages in marketing. My comment rather concerned whether one should donate to particular causes because it looks good, as opposed to because it has a direct impact.