Notorious left-wing Billionaire George Soros is now teaming up with tech billionaire Reid Hoffman to create a new media company with the goal of getting rid of what they believe is ‘misinformation’ in the media ecosystem.
As Fox News reports:
Good Information Inc. launches on Tuesday and will be led by former Democratic strategist Tara McGowan, according to Axios.
“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,” Axios reported.
“We are disclosing our investors, because we believe — especially right now in this environment of mistrust — that transparency is really important,” McGowan told Axios, noting that investors Ken and Jen Duda and Incite Ventures are also involved in the project.
McGowan claimed the group could potentially invest in “entities across the political spectrum,” but history suggests it will refrain from helping conservatives as Hoffman and Soros are strong backers of liberal causes.
Soros’ most recent foray into politics was to help Gavin Newsom triumph in his recall election by donating one million dollars to an organization opposing the recall.