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Let's Buy Spirit Air

letsbuyspiritair.com

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Re: Let's Buy Spirit Air

#11

Post by UqWBcuFx6NV4r »

corvad wrote: post #8
amazingamazing wrote: post #7

> The only thing missing is ownership that answers to the people — not to shareholders. Noble, but this will fail. Why would anyone do this? No incentive. These sorts of initiatives forget the toil of actually operating a business. You might as well get more pledges given that you'd have more control and the same profit share. It will regress to the same as the status quo.

I'm not sure that's even noble as by buying you would be a shareholder...

Yes. Reminds me of the “anarchists” that don’t realise that they just want to recreate the government but with their people in charge.

Re: Let's Buy Spirit Air

#14

Post by corvad »

danpalmer wrote: post #10
kylecazar wrote: post #3

Average pledge size is $666 (from 40k pledges). That strikes me as a lot. And obviously cursed.

That's like 39,900 people pledging at the minimum $45, and 100 investors pledging at $250k. Averages can be misleading.

Agreed, a median would be a better indication.

Re: Let's Buy Spirit Air

#16

Post by corvad »

wewtyflakes wrote: post #13

Maybe it is better to let the airline that treats people like adversarial cattle to die; maybe it is a good signal that that is a bad business model.

Yes, but also one less anything in a highly competitive industry is a bad thing overall. Not saying I think it's a good idea but I seem a grain of reasoning behind it however misleading it might be.

Re: Let's Buy Spirit Air

#17

Post by Teever »

I'm not American and I've never flown Spirit Air so can someone explain where all the loyalty to this airline is coming from? Like isn't this another big corp biting the dust?

Re: Let's Buy Spirit Air

#18

Post by morkalork »

amazingamazing wrote: post #7

> The only thing missing is ownership that answers to the people — not to shareholders. Noble, but this will fail. Why would anyone do this? No incentive. These sorts of initiatives forget the toil of actually operating a business. You might as well get more pledges given that you'd have more control and the same profit share. It will regress to the same as the status quo.

Co-ops don't exist at all, right?

Re: Let's Buy Spirit Air

#19

Post by paulddraper »

amazingamazing wrote: post #7

> The only thing missing is ownership that answers to the people — not to shareholders. Noble, but this will fail. Why would anyone do this? No incentive. These sorts of initiatives forget the toil of actually operating a business. You might as well get more pledges given that you'd have more control and the same profit share. It will regress to the same as the status quo.

“The only thing missing is ownership that answers to the people — not to shareholders.”

Like, all people in the world?

Customers? Employees?

What does this mean?

EDIT: It’s shareholders, but each person has one vote regardless of share count.

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