Donate to TIC

This is where we are now: I am developing and demonstrating the enterprise. Financially, this is of course the least congenial of the three presently envisaged stages. On my own slender bootstraps, TIC cannot afford to get itself into the necessary state to move from Stage 1 to Stage 2. 

That’s where YOU come in.

I’m asking you to make a financial contribution to TIC Stage 1, as Donor, Backer, Sponsor or Gold Sponsor, to fund the sensible, prudent, urgent developing  of TIC’s brand, platforms, products, potential — including our super-exciting  Inheritance.Social interactivity platform — in the enormous field of inheritance.

TIC is asking for contributions only in Stage 1. Your contribution will enable TIC to buy in Stage 1 the services it needs (exemplified below) to evidence that it is a robust, sensible, viable, rational, independent, trustworthy global multimedia enterprise in the field of inheritance.

I consider that, at Stage 1, contributions from TIC’s constituencies are a more rational approach — cheaper, quicker, calmer, more sensible, more efficient — than ‘first cheque’, pre-seed, seed or any other equity investment. As I see it, it is presumptious, pretentious and premature for TIC to dress up as a C corporation (especially in franchise-tax-happy Delaware; that definitely will not happen) and then go out cruising for investors. That is big-time cart before the horse. 

In Stage 2, TIC will talk credibly to real-deal candidate investors who already intimately know global multimedia — who recognise TIC as a solid conventional sensible, disciplined, responsible multimedia enterprise with nothing to prototype — and with whom TIC’s aspirations resonate instinctively.

The equity funding that TIC will need to get fully off the ground and be successful globally is probably in the region of a once-and-for-all sum of $2m — very much less than the typical number from the typical excitable profligate media startup.

The funding deal will involve setting up a properly considered, properly structured corporation customised to TIC and the investor(s). I don’t rule out crowdfunding: TIC is already a natural for crowd sourcing.

From Stage 2, TIC moves immediately to Stage 3: TIC is fully operational as a global multimedia enterprise, with a corporation, investors, shareholders, a board, c-suits, monetised products, earned income and a very realistic commercial mentality. 

It will get to work as a fully fledged global multimedia enterprise. TIC will have two centerpieces: its for-profit business and a not-for-profit TIC Foundation.

Please contact me, Richard J. Szrabe, TIC’s founder. You can email me at rjszrabe@theinheritancechannel.com and we can arrange a video call to discuss anything you like about TIC.

Every contribution goes to a limited liability company, TheInheritanceChannel.com LLC (‘TIC LLC’). 

I have set up TIC LLC as a sensible formal legal and accounting vehicle to receive Stage 1 contributions. Some specifics:-

• TIC LLC has no share capital

• It is not an investment vehicle or investment opportunity

• It is not a charity

• It is not a 501(c)(3)

• Your contribution to TIC LLC is not an investment in TIC LLC or in any future TIC entity

• Your contribution to TIC LLC is not tax-deductible

• TIC LLC will produce accounts at least annually.

TIC’s Stage 1 shopping list includes the essentials needed to get TIC to the point where it demontrates ‘traction’. For example:-

• Publicity: obtaining social media and other appropriate publicity that systematically spreads the word

• Community: the development of Inheritance Social, TIC’s online and physical community

• Content: a wholesome restrained conventional news-site-type website offering a variety of factual and expert-opinion multimedia content by text, podcast, webinars etc. We are especially keen to crowd-source: everyone has an inheritance story!

• Interaction: the organising of one or two small-scale TIC events. We might start with a gathering of testators and heirs; or a gathering of geneticists and patients; or a gathering of geneaophiles and genealogy professionals (DNA testers, archivists etc); or a gathering of ecologists, conservationists, environment activists, etc — TIC has no shortage of relevant communities and markets

• Specific projects, if you are a TIC Stage 1 Sponsor or Gold Sponsor, you can propose anything you like!

I envisage that in Stage 2 its not-yet-spent funds will be transferred to TIC’s equity investment corporation’s general account.