Skip to comments.Reid Hoffman and George Soros back new media firm to combat disinformation
Posted on 10/27/2021 12:57:59 PM PDT by yesthatjallen
A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.
Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.
The group will be led by Tara McGowan, a former Democratic strategist who previously ran a progressive non-profit called ACRONYM.
ACRONYM invested in for-profit companies that built media and technology solutions for progressive causes. It ran one of the largest digital campaigns to defeat President Trump in the 2020 election, totaling $100 million.
One of the companies it invested in, called Shadow, made headlines last year for contributing to the delayed reporting of the Iowa caucus results.
Hoffman, the founder of LinkedIn, backed ACRONYM.
Details: Good Information is launching with a multi-million seed investment led by Hoffman and joined by investors Ken and Jen Duda, Incite Ventures, and George Soros.
"We are disclosing our investors, because we believe — especially right now in this environment of mistrust — that transparency is really important," McGowan said.
(Excerpt) Read more at news.yahoo.com ...
Democrat. Strategist. Progressive. Non-profit.
That’s all they know, that’s all they do.
Soros already owns Media Matters to bird dog the fakestream.
<>As part of its mission, it plans to invest in local news companies.<>
The big media lie for free.
Most newspapers are struggling. Solution: get ‘em on the Soros payroll to spread prog pravda.
There weren’t enough liars at the table already...
“...new media firm to combat UNAPPROVED INFORMATION”.....
This is another way for Soros to make sure freedom of speech& choice is not going to happen ever again. Servitude in actions & voice is now making “America better” for Communism. Is America too large to maintain our Constitution under freedom?
“Reid Hoffman and George Soros...”
Why does anyone have a LinkedIn account?