Twitter Is Expected to Field Bids This Week

Re:Twitter Is Expected to Field Bids This Week by sushid on Wednesday October 05, 2016 @01:53PM (#12646117)

This is hilarious to me. If you find something valuable, your proposal is to take it and have it "owned by the world?" And I thought our presidential candidate were bad.

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Re:Twitter Is Expected to Field Bids This Week by smacktoward on Wednesday October 05, 2016 @04:10PM (#12647361)

It's not crazy, it happens sometimes with private businesses that grow into critical public infrastructure.

New York City's subway system is one example. It started out in the 1900s as a couple of private companies, Interborough Rapid Transit (IRT) and Brooklyn Rapid Transit (BRT). The lines these two companies operated suffered more and more over time from overcrowding, leading the city to establish a third, public system in the '30s, and then in 1940 to just buy out IRT and BRT and merge all three systems into the single, publicly-operated network that serves NYC today. (See https://en.wikipedia.org/wiki/History_of_the_New_York_City_S... for more on this.)

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Re:Twitter Is Expected to Field Bids This Week by omouse on Wednesday October 05, 2016 @05:12PM (#12647934)

https://boingboing.net/2016/10/04/proposal-turn-twitter-into...

It can happen, co-operatives are a viable business model. My bank is a co-operative and they work for their member-owners.

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