KmikeyM commits funds as first money in on Paizley Lee's Dead Internet Theory, a series of in-person retro cyber-café-like social and gaming events. Capital comes back as a revenue share with a cap, starting from her first paid event.

Why this vote

For eighteen years the shareholder fund has sat earning a small amount interest, sized to cover all possible redemptions. This pool has grown beyond the redemption amount as it's also used to collect and income from KmikeyM. This vote tests deploying a small portion into a defined-exit, capped-return investment in a project that fits the KmikeyM-adjacent thesis: people in a room, participation over performance, real things instead of the algorithmic feed.

The headline terms

• Funds wired to Paizley Lee on or about May 12, contingent on this vote passing.
• Capped return. Once 2X is repaid, the participation ends.
• No equity, no cap-table position, no follow-on obligation. One-time deployment with a defined exit.
• Community Participation Guest passes for shareholders to Dead Internet Theory events.
• Real loss-of-capital risk. We have faith in Paizley's ability to execute, but returns dependent on running a successful series of events.

Inner deal mechanics (revenue share percentage, distribution cadence, term limit) were negotiated privately with Paizley and be reviewed by shareholders in the deal memo: DIT DEAL MEMO

Read the full case

There is also a long form case for this idea (why this project, why this person, why now).

Impact

• YES: KmikeyM commits the funds
• NO: KmikeyM does not deploy capital.