The CharityBuzz auction for coffee with Apple CEO Tim Cook has just ended, with a final bid driving the price up to $610,000. Previously, the auction had stagnated at $605,000, where it remained until 30 minutes before the bidding closed.
The $610,000 bid was placed by a newcomer to the auction who had not previously bid before, known only as "a********s." While CharityBuzz will not release the name of the high bidder, it is possible that the winner will come forward to take advantage of the publicity surrounding the auction.
/article-new/2013/05/timcookauctionend.jpg?lossy)
Currently, the money that the Tim Cook auction has brought in is more than twice as much as the total of the current high bids on the other 118 auctions that are supporting the RFK Center for Justice and Human Rights.
Because the bidding totals ran so high with bidders clamoring for a moment in the spotlight, CharityBuzz was forced to implement bank qualification terms before additional bids could be placed, which slowed bidding considerably.
Under the terms of the auction, the high bidder is entitled to a 30–60 minute meeting with Cook at Apple headquarters on a mutually agreed upon date.
Top Rated Comments
poor Tim, he's probably going to have to sit through some guys sales pitch
#ceoworldproblems
Who cares?
You, the bidders, the receiving charity, Apple, those who clicked on the article, etc.
I'm so sick of reading about this. Who cares? Tim isn't going to reveal anything interesting and we will probably never know what it is if he does.
You're missing the point.
The news here is that exposure to Tim is valued that highly, which says something for the company. Despite having a higher market cap, do you think someone would care that much about meeting the CEO of Exxon?
----------
"Because the bidding totals ran so high with bidders clamoring for a moment in the spotlight, CharityBuzz was forced to implement bank qualification terms before additional bids could be placed, which slowed bidding considerably."
So I can assume you guys have $600,000 to throw around ?
No, they thought they were putting in pre-orders on the new MacPro. :cool:
Poor Tim? He just sold 30 minutes of his time for over $600,000 and you pity him?
He's not getting any money All of it will go to charity