AltSong

1. Go big or go home. ¹
2. The model isn’t the problem. It’s the framing.
3. Don’t infringe on campus’ philanthropic model.
4. Don’t play with small $ amounts. Subsistence can be via grants / “financial aid.” This is for long-term extreme-risk patronage.
5. Cash upfront (no tax break shenanigans; though, AnchorZero is interesting).

Ideas

• All cash is recycled into “the next generation” so it’s a pseudo-philanthropic endeavor.
• Justification must not be philanthropic. It’s a product with a clear tradeoff
• Speculative: state-backed, conditional on incorporation in the state.
• Low-med IRR on reliably high-dollars deployed could still be very attractive.
• Original inspiration:
  • Alt Tweet,
  • Song “God Yes,“

Challenges

• How to filter and deploy high $ amounts every year? ²

Resources

• AltSong Back of Envelope Calculator.

Footnotes

1. ((667ff55b-f2a9-447b-97fb-6bcc1e211048)) ↩

2. ((667ffaea-4806-4345-ad7e-9730ccea0316)) ↩