Sunday, May 28, 2023

"Billionaire Funding ‘Abolish the Police’ Activists Invests in Private Security Start-Up"

I didn't know of the writer so I went to the all-knowing one. From the author's Wikipedia entry:

Lee Hu Fang is an American journalist. He was previously an investigative reporter at The Intercept, a contributing writer at The Nation, and a writer at progressive outlet the Republic Report. He began his career as an investigative blogger for ThinkProgress...

From Lee Fang's Substack, May 25:

Pierre Omidyar stands to gain financially from the rapid growth in private security. 

Pierre Omidyar, the billionaire founder of eBay, is one of the most generous patrons of activist groups seeking to defund, or in some cases, even abolish police. 

Foundations connected to Omidyar have lavished financial support on anti-police activists in recent years. In June 2020, in response to protests over the police killing of George Floyd, funds tied to Omidyar’s philanthropic network announced donations of $500,000 to organizations supporting the protest movement.

The Movement for Black Lives, an “abolitionist” coalition of activists seeking to eradicate public policing, was one of the recipients of Omidyar money that year. Disclosures show that the Omidyar Network provided $300,000 to the group.

“When we say ‘defund and abolish the police,’ we mean exactly that,” the Movement for Black Lives stated in a press release.

In Chicago, the Movement for Black Lives partnered with a local group, Equity and Transformation, to “defund police.” Omidyar Network gave the partner group $100,000, tax records show.

The website DefundPolice.org, which provides legislative and communication tools for activists to advocate for cutting police funding, is a collaboration between Omidyar-funded groups. The sponsors of the organization include PolicyLink, which received $700,000 from Omidyar Network and Law for Black Lives, a group that received $600,000 from the Democracy Fund, another Omidyar foundation.

Meanwhile, in his personal capacity, Omidyar has invested in start-ups that specialize in monetizing the growing demand for private security.

One of those investments is Bond, an app that provides licensed bodyguards at the click of a button. Doron Kempel, the founder of Bond, is a former member of Israeli special forces who has pitched his company in the past as a way for customers to “order a bodyguard as easily as they might order dinner online.”...

....MORE (just a bit) 

I thought we had a post on "Bond" but don't see it after a cursory search. The upshot was: it's not the most efficient way to approach security, if for no other reason than having the logistics issue of having security peeps "on-call."

Mr. Fang's stint at the Intercept is interesting in that Omidyar along with Glenn Greenwald founded The Intercept to much hoopla. Some links in March 7's "Mystery Solved: Left-Wing Billionaire Pierre Omidyar Bankrolls Shadowy Anti-Musk Group" (EBAY; TSLA):
I don't know if I'd label Omidyar left-wing so much as power-mad/control freak.
Before, during and after Ukraine's 2014 Maidan coup he was funding neo-Nazis in Mariupol and their Galician base, Lviv.*

From Elliott Management-backed (Paul Singer) Washington Free Beacon, February 21: 

Omidyar money behind organizations pushing corporate boycott of Twitter

The left-wing billionaire and media donor Pierre Omidyar is behind the dark-money group that has kept its donors secret for nearly a year and is leading a corporate boycott campaign against Twitter owner Elon Musk.

Omidyar, the eBay founder and financial backer of the Intercept and ProPublica, donated $509,500 to Accountable Tech in 2021 and 2022, according to a recently updated list of grants disclosed by Omidyar's foundation. Omidyar also gave $2 million to at least six other organizations that targeted Musk, criticizing him in letters and op-eds as "uniquely ill-suited for the job of running a social media platform" and warning that he would turn Twitter into a "free-for-all of hate and harassment."

The news reveals one of the primary forces behind the anti-Musk campaign. Accountable Tech has been dodging questions about its donors for months. Over the past year, Accountable Tech and other groups bankrolled by Omidyar organized campaigns to pressure corporations to boycott Twitter and issued statements and op-eds denouncing Musk and calling for government investigations into the billionaire. "I wonder who funds them," wrote Musk in May, in response to a Washington Free Beacon report about the organization's secretiveness.

A spokeswoman for the Omidyar Network confirmed the funding but told the Free Beacon that the foundation didn't order the Twitter boycott campaign. "We routinely support organizations that share our vision for a responsible technology system, but do not direct their day-to-day activities," said spokeswoman Beth Kanter....

*Previously on Mr. Omidyar:

November 2020 Glenn Greenwald's Co-Founder of "The Intercept", eBay Billionaire Pierre Omidyar Co-funded Ukraine Revolution Groups With US Government

January 2017 "My next book won’t be the non-fiction Silicon Valley exposé we desperately need (but here’s what it will be)"

Similarly, when Mark Ames showed me a document proving that eBay founder Pierre Omidyar had funded opposition groups in Ukraine right before the Maidan revolution, I assumed Omidyar – the Pez dispenser guy! – must have been duped by his friends in the State Department. Tech founders simply didn’t go around instigating military coups.

Perhaps I saw the first glimmer of the real story when I dug out the White House visitor logs and saw how many times Omidyar’s name appeared, and who he met. Or when I noticed the growing line of tech billionaires leading to the Oval Office, the Kremlin and various Saudi royal palaces....

November 2014  At the Intersection of Money and Power: "Pierre Omidyar’s man in India is named to Modi’s cabinet" (EBAY; AMZN; WMT)

And a bunch of links regarding The Intercept

October 2013 Adventure Capital: Ebay Founder Omidyar And NSA Nightmare Glenn Greenwald Team Up in a $250 Million Journalism Venture
October 2013 Columbia Journalism Review: The extraordinary promise of the new Greenwald-Omidyar venture
August 2014 Possible Problems in the New New Journalism: "Growing pains at the Omidyar/Greenwald venture"
October 2014 "Matt Taibbi Disappears From Omidyar’s First Look Media"

And many more.