Colin Kaepernick Just Launched a SPAC Focused on Social Justice


How’s this for irony: NFL great Colin Kaepernick is worth more without the league than if he had never been locked out. Kaepernick’s value as a cultural influencer, educator, brand partner, philanthropist and creator of economic opportunity for Black and Brown communities, exceeds that of the NFL itself. The league’s IP would not have increased Nike’s market value by the $6 billion credited to the former quarterback by Fortune. And, the NFL’s racial justice initiatives fall short next to the real work being done by the player they tried and failed to control.

Since leaving the NFL, he’s launched Know Your Rights Camp, created a relief fund for individuals suffering the impact of COVID-19, started his own publishing company, partnered on projects with Netflix, Disney, Audible and Medium. Ben & Jerry’s created a lifetime flavor in his honor.

The NFL may be America’s most watched sport but Colin Kaepernick is now playing in bigger ponds–shaping media coverage, not merely receiving media coverage, using platforms to empower people not just entertain them—and driving greater value to communities than the league. Here’s the link to the SEC filing of his latest venture, a special purpose acquisition company (SPAC) called Mission Advancement Corp., focused solely on social justice investment opportunities.

MURAL IMAGE: BEN & JERRY’S LAUNCHED A LIFETIME FLAVOR CELEBRATING COLIN KAEPERNICK, CHANGE THE WHILRED. MURAL PROMOTING THE LAUNCH AHEAD OF THE 2021 SUPER BOWL.

 

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