[kictanet] [seeking institutional partner] A new Paradigm-shifting Social Media App with *High Content Integrity* for Africa and beyond.

[K Machuhi]

Fake news, like corruption is an externality of capitalism and innovation
hubris worked for Steve Jobs.

wishing you all the best.

On Sat, 16 Feb 2019, 21:34 Patrick A. M. Maina via kictanet, <
kictanet at lists.kictanet.or.ke> wrote:

> 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
> <https://www.investopedia.com/terms/c/conscious-capitalism.asp>)
>
> Conscious Capitalism
>
> Conscious Capitalism is a philosophy with a central premise that
> businesses should serve all major stakeholders,...
> <https://www.investopedia.com/terms/c/conscious-capitalism.asp>
>
> 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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