[kictanet] [seeking institutional partner] A new Paradigm-shifting Social Media App with *High Content Integrity* for Africa and beyond.
Patrick A. M. Maina
pmaina2000 at yahoo.com
Sat Feb 16 21:32:05 EAT 2019
Greetings Listers,
I have a technical concept that could solve the online fake news & content integrity riddles at scale - via a completely new way of thinking about social media platforms and their business models.
I'd like to partner with a credible private-sector institution to refine and bring this concept to life (through PoC / MVP / MMP to full launch and beyond).
Decision makers from interested institutions can reach out to me in confidence via the following email [pmaina2000_at_yahoo_do_t co_m]. This call will remain open until a deal is signed. I will reply to all inquiries that I receive, but will not provide any pre-NDA disclosures.
Examples of an ideal partner:
1. A large media house that is looking to get into the digital ads platform space as a platform owner; or
2. A large / well resourced internet-space player with aligned values (pls see below); or
3. A reputable private university; or
4. A large advertising agency; or
5. An institutional investor (e.g. reputable NGO / Impact Fund / Socially Conscious VC).
Why it's worth it:
1. Any innovation that significantly reduces or nullifies the impact of fake news and disinformation in the digital realm will help promote peaceful democracy and save lives by preventing socially engineered conflict;
2. Internet and media freedoms will be enhanced (governments will have fewer, if any, legitimate reasons to shut down the internet);
3. Unlike existing solutions, we'll be building with content integrity in mind - from the ground up.
4. Stronger value proposition to advertisers, businesses and society with stronger societal values alignment
5. Milestone linked seed-funding structure. Initial commitment levels directly and incrementally linked to deliverables.
6. Potential for very high (financial and social impact) ROI. Key hypothesis being that there is a high and growing demand globally for a socially responsible alternative to status quo.
The partner must:
1. Have a reasonably sophisticated risk appetite (aware that the bet might not pay off, but can afford to run a potentially high-payoff experiment to find out);
2.Be able and willing to self-fund the entire seed round up to MMP launch (~$250,000 USD total). Demonstrate ability to easily raise / provide follow-on funds for rapid continent-wide scaling (>$2M USD) if/when necessary;
3. Have an official business presence in East Africa - preferably in Kenya (or be willing to set up a physical office in Kenya);
4. Be willing to sign a fair and balanced NDA, accept closed-source implementation approach and fund IP protection where strategically relevant and necessary;
5. Be capable of funding the project as an equity investment (no debt or convertibles); and does not have material conflict(s) of interest.
6. Able to fund rapid continent-wide scaling at agreed milestones;
7. Will allow monetization features for commercial self-sustainability.
8. Be willing to consent to a deal that accords me full creative, technical, executive and strategic freedom (+ authority) on the project as CEO;
9. Moves fast, has simple approach, minimal or nil hoops and commits to targets / schedules.
10. Ready to commit long-term (>10 years) if project is viable, hopefully until IPO (i.e. not a venture flipper);
11. Commit to building Africa and Kenya by incorporating the startup's HQ base in Kenya (under Kenyan legal/dispute resolution system).
12. Be willing to accept a conscious capitalism model for the startup.
(Conscious Capitalism)
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Conscious Capitalism
Conscious Capitalism is a philosophy with a central premise that businesses should serve all major stakeholders,...
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Looking forward to your inquiries. Thank you!
Best Regards,
Patrick A. M. Maina.[Cross-domain Innovator / Independent Public Policy Analyst - Indigenous Innovations]
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