(Most recently updated 3/28/08)
(Click here to read Part 1 of 3)
(Click here to read Part 2 of 3)
This is the third and final installment* of this series explaining why Conservatives need to become more active in the Web 2.0 environment. Part One discussed the generational gap, generally between liberals and conservatives online, while Part Two discussed the how this gap is creating an imbalance of information readily available online through a typical search engine query. We will finish this series by highlighting a few of the major figures supporting Web 2.0 financially, showing how their political leaning is further compounding the imbalance in the information war.
Online social networkers are familiar with Digg.com, the current top social bookmarking site, which has enjoyed unprecedented success in social networking, through its use of bookmarking and syndication, with over 20 million visitors per month.
Where does a site like Digg get funding? Who are its investors? Primarily Greylock Partners and the Omidyar Network. The Greylock Partner team is an international investor in primarily technology and medicine, with a special interest in Israel. The Omidyar Network “has invested in a variety of areas, including microfinance, participatory media, open innovation, open source and transparency in government.”
In addition to investing financially, the Omidyar Network is on mission:
Ultimately, we hope that people everywhere will constructively engage with each other to pursue what they care about most, resulting in a global society that is continually advancing social progress.
If the name Omidyar rings a bell, it’s because Pierre Omidyar is the founder of e-Bay, a philanthropist who is #43 on Forbes’ list of billionaires, and a benefactor of a microfinance fund at Tufts University.
From April of 2002 to June of 2007, and during the formative years of Digg.com, Omidyar’s COO/CEO was Iqbal Paroo, a Shia Imami Nizari Ismaili, whose interests involve complex healthcare and higher education. He has a long history of involvement with the Aga Khan Foundation (1977-2000), and “From 1977-1980, he served the Aga Khan Foundation as both director of commissioning for the initial phase of the Aga Khan University in Karachi, Pakistan,” which has “teaching and research programmes in Pakistan, Kenya, Tanzania, Uganda, Afghanistan and the United Kingdom.” The university is billed as “an agent of change” and “an important force for pluralism“.
Omidyar and Paroo are champions for the left’s most sacred causes, and now their organization is one of the primary investors in the largest, most influential social-networking site on the web.
Where is the conservative counterpart?
*Special thanks to blogger 1389 for research assistance on this installment.
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The WebWarriors of Ft. Hard Knox (WWF) will be offering a series of Web2.0 workshops online.
I’m beginning to see the bigger picture here. Your footwork here has saved me some time and some wondering. Thanks!
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