Ad Fontes Media

Ad Fontes Media

We rate news for reliability and bias to help people navigate the news landscape

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Security Type
SAFE
Categories
General, Technology, Software, Female Founder, Politics
Min Investment
$100
Location
Westminster, CO
Offering Date
August 14, 2020
Expected Close Date
April 30, 2023
Amount Raised
$71,301
Target Raise
$50K-$400K
Security Price
$0.73
Deal Notes

Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1; each investment is convertible to one share of stock as described under Item 13.

Valuation
$8,250,000
Number of Employees
5
Cash
$21,062
Revenue
$137,858
Short Term Debt
$344,354
Cost of Goods
$315,076
Long Term Debt
$770,551
Net Income
$-964,998

Company Description

We rate news articles and sources for reliability and bias. We currently do this with a small team of human analysts who have political views from across the spectrum. They are trained to look at the content of the news and score it according to our methodology. We provide the news source ratings themselves as a reference product for consumers and educators---mainly a Media Bias Chart. We also offer a software platform for educators to teach students how to rate the news themselves.

We want to be the industry leader in this emerging field of news content ratings, and be doing it in an automated fashion. There are content ratings for movies, TV, and video games, and it will soon be obvious that we need content ratings for bias and reliability of news. As the industry leader, consumers and business will rely on our news ratings; ad tech companies will use it for brand safety, publishers will use it to market themselves, and social media platforms will use it to screen content.

Use of Proceeds

  • Hiring analyst staff
  • Business development and customer support
  • Software and database development

Perks

Invest $250+ for Choice of Ad Fontes Media t-shirt or mug
$500+ Pick a new (not yet rated) news source to for Ad Fontes Media analysts to rate.
$1,000+ A Media Bias Chart swag package that includes a printed poster, mug, sticker, and t-shirt, plus lifetime access to digital News Nerd Membership benefits
$5,000+ Sponsorship of access to our CART News Literacy Platform for a school of your choice. If you don't have a school in mind to sponsor, we have a list of ones who would like access to the platform but don't have funds.
$10,000+ Founder Vanessa Otero will come speak at an event of your choice--for example, at your organization or at a school event you would like to sponsor.
Invest $250+ for Choice of Ad Fontes Media t-shirt or mug
$500+ Pick a new (not yet rated) news source to for Ad Fontes Media analysts to rate.
$1,000+ A Media Bias Chart swag package that includes a printed poster, mug, sticker, and t-shirt, plus lifetime access to digital News Nerd Membership benefits
$5,000+ Sponsorship of access to our CART News Literacy Platform for a school of your choice. If you don't have a school in mind to sponsor, we have a list of ones who would like access to the platform but don't have funds.
$10,000+ Founder Vanessa Otero will come speak at an event of your choice--for example, at your organization or at a school event you would like to sponsor.

Key Deal Facts

Polarizing junk news makes us angry and divided. We're doing something about it and growing 370% YoY
As the producer of the Media Bias Chart, we have organically grown into one of the most recognized and trusted news rating organizations
A news rating company should be independent and owned by people who care deeply about having a healthy information ecosystem and democracy

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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