Another Statement From Louis C.K. (December 21, 2011)

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Louis C.K, writing on his website:

hi. So it's been about 12 days since the thing started and yesterday we hit the crazy number. One million dollars. That's a lot of money. Really too much money. I've never had a million dollars all of a sudden. and since we're all sharing this experience and since it's really your money, I wanted to let you know what I'm doing with it. People are paying attention to what's going on with this thing. So I guess I want to set an example of what you can do if you all of a sudden have a million dollars that people just gave to you directly because you told jokes. So I'm breaking the million into four pieces. The rest of his post outlines exactly what he plans to do with the money. Spoiler alert: he's a generous man. Andy Baio made a good observation on Twitter:

I do hope Louis C.K. moves that pile out of Paypal to a safer location, and soon.

A Statement From Louis C.K. (December 13, 2011)

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Louis C.K., writing on his website:

It's been 4 days. A lot of people are asking me how it's going. I've been hesitant to share the actual figures, because there's power in exclusive ownership of information. What I didn't expect when I started this was that people would not only take part in this experiment, they would be invested in it and it would be important to them. It's been amazing to see people in large numbers advocating this idea. So I think it's only fair that you get to know the results. Also, it's just really cool and fun and I'm dying to tell everybody. I told my Mom, I told three friends, and that wasn't nearly enough. So here it is. Spoiler alert: it worked. Also, Mike Rundle makes a very good observation: