6 ms·
Watching this with great interest. The platform we are launching next year is focused on letting people vote the $40 trillion in shares they own through their c
by ANarrativeApe 6y ago
Watching this with great interest.
The platform we are launching next year is focused on letting people vote the $40 trillion in shares they own through their collective investments.
A core feature is the ability to support externally proposed company resolutions so that they trigger minority shareholder rights, creating a mechanism for getting the issues that matter to you onto the only corporate agenda that counts.
We'll be operating 'Citizen Shareholder Assemblies' in which anyone will be able to participate.
We're super aware of the need for open debate and free speech but at the same time we want arguments to be based on data.
As Citizen Shareholders are able to follow the voting pattern of Default Advisors, we are particularly keen on preventing the 'obtaining of votes by deception'. You'd think there would be lot's of best practice we could follow from the wonderful world of politics, but it turns out that isn't a thing in the 'real world'.
If we achieve our ambitions in a few years we will have 10% of the EU population, and even more in the US (103.7 million US citizens own shares through collective investments).
Rather than waiting for problems to arise we are looking to get ahead of this curve.
We have a number of things going for us, 1. we are not reliant on advertising revenues 2. we will know who everyone is (free speech doesn't have to equal anonymous speech) and 3. we have so many examples of how not to do this.
We ;ook forward to the constructive criticism we will undoubtedly get from groups like hacker news.
Any upfront thoughts would be much appreciated.