1121
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Sep 2024
1121 points (97.1% liked)
Technology
60035 readers
4097 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
I wish, I wish... I wish I was a fish.
I wish there was an instrument other than the stock market whereby private individuals could combine their funds to perform hostile take-overs, and then manage them by pre-agreed conditions.
Like: we're going to buy Twitter, build an AP interface on it, federate it, and operate it like a non-profit. We're going to have a set of these S core values, with yearly votes on changes proportional to investment. No single investor can own more than T percent of shares Investors can sell their shares, or buy shares. Stock will never spilt. Management salaries, combined, can never exceed more than M% of non-management combined salaries, and run it as a Holocracy. Or, maybe, shares can only be sold to employees, who have to sell to other employees when they leave.
You know; try to design a good operating model that avoids the pitfalls of other companies, and can adapt when the model demonstrates perverse incentives. Put more thought into it than my ramblings above.
But ten billion dollars is a lot of money to put together, and the rules I'd like to see necessarily exclude the sort of profit-only driven capitalists who'd be able to contribute heavy loads, and would limit the amount that could contribute.
I may as well wish I were a fish.
I like your idea. But you'll have to settle for being a fish.
Good news. Paraphyletic groups are bullshit that shouldn't exist and if we get rid of them, then you actually are a fish.