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But European nations so far have failed to pledge funds at hoped-for levels.
Ministers and heads of state gathered at UN headquarters in New York to state their support and pledge funds.
It today asked fans to pledge funds, backed by a deposit, into a special bank account to be used as a war chest for a buyout.
The University, with an endowment meant to exist in perpetuity, felt it could pledge funds for many years at a time.
Lulled into thinking that Ethiopia in 1985 was the last of the large-scale famines affecting many millions, donor countries have been slow to pledge funds or support.
The hope is that once the joke – and the serious intent behind it – is revealed viewers will pledge funds and, most importantly, lend their online identity to the campaign.
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Co-sponsors are the UC Berkeley Chancellor's Pledge Fund and the Alameda Co. Commisson for Prop.
Recently, US superstar pledge funding platform, Kickstarter opened in the UK.
He has persuaded both party leader David Cameron and Schools spokesman Michael Gove to back the idea and pledge funding for the first 12.
But this pledge fund idea turned out spectacularly.
But what will happen to the few successful VC pledge fund managers?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com