The story of how Rappler was established is shown on this page, which also identifies our founders and investors, has a diagram of our ownership structure and describes the business model.
Seed funding for Rappler was raised among its core founders who are members of the Rappler Board of Directors. This was publicly disclosed through these pages in the “About Rappler” section:
Rappler’s shareholders signed an agreement giving full editorial and management control to the journalists, whose collective aim is to create a truly independent news group and crowdsourcing platform free of vested interests.
On top of this, new investments and changes to investments or the board composition are properly disclosed.
For instance, in 2015, Rappler raised its Series-B round focusing on strategic pillars of journalism and technology. As part of this round, journalism VC North Base Media (NBM) and Omidyar Network joined Rappler Holdings, the parent company of Rappler Inc.
This was disclosed on these pages:
Rappler sustains itself through advertising, grants, and via data analytics consultancies. Ads are clearly marked and native brand content are also clearly marked and published under a section called BrandRap. (http://www.rappler.com/brandrap)
The urls of brand-sponsored content reflect the “brandrap” tag, as shown in the sample below:
Donors and partner groups for grant-funded projects are also clearly indicated in the pages featuring these content.
Specifically, the fact check enterprise is maintained with support from Facebook's Third Party Fact Checker Program, the Friedrich Naumann Foundation, our crowdfunding donors, and the National Endowment for Democracy.
This is indicated on this page:
We proactively provide our audience with as much information as possible in relation to issues affecting the organization. For instance, since January 2018, when the Securities and Exchange Commission issued a ruling to revoke our license to operate on grounds that the Omidyar Philippine Depositary Receipt (PDR) gives a foreign entity control over the company, we issued statements, published actual rulings and documents and published this FAQ piece:
Subsequently, we have been issuing updates on developments to the case. All updates may be accessed through our About Us section:
Stories specific to the Omidyar Network may also be accessed through this link: