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I have some good memories of using Twitter in the pre-IPO days. Of course we can’t say that the former private ownership was necessary to create an open platfor
by theobeers 4y ago
I have some good memories of using Twitter in the pre-IPO days. Of course we can’t say that the former private ownership was necessary to create an open platform, but I don’t think it was a hindrance in that regard, either. (Would it be different for a megabillionaire to buy the company today? Definitely. Still, there shouldn’t be an unchecked assumption that it’s indispensable for Twitter to be publicly traded.)
- jimkleiber 4y agoI'm not saying the current publicly traded, previous/future private ownership, publicly regulated utility, non-profit, or any other form of ownership and governance would necessarily yield a better result than others. There can be benevolent dictatorships and oligarchies and malevolent democracies and republics. I'm more interested in why we (US specifically) celebrate democracy in public governance but seem to prefer oligarchy or autocracy in corporate governance.