We can democratize Twitter

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If Silicon Valley can disrupt whole industries, why not innovate with company ownership, too?

With chaotic stock prices and politics threatening Twitter, we want to save "the people's news network" as a vital public utility. That's why we propose Twitter study ways to build user loyalty and increase shareholder value, through broad-based ownership and accountability similar to a co-op.

Support our proposal for democratic ownership

Our proposal is up for a vote until May 22, 2017 at Twitter's annual general meeting. To win, we need 50% or more votes saying Yes. Even with 3%, we can learn and re-submit next year.

Tell Twitter to study an exit to democratic user ownership and report back with insights.

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Say Yes to a report on democratic ownership

Users and shareholders, tell Twitter to study democratic ownership and report back with insights

Shareholders supporting our proposal

Are you a shareholder?

Vote Yes on Our Proposal

We need Twitter shareholders to vote Yes

How do I vote?

1. Get your voter info

If you don’t have your Twitter proxy card or control number, contact your broker.

2. Vote by May 21 at 11:59 PST

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Go to www.AALvote.com/TWTR

phone emojiVote by Phone

Call 1 (866) 804-9616

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Send Twitter this proxy card

To vote in-person at the May 22 shareholder meeting, sign up at www.AALvote.com/TWTR

Want to help us win?

Tweet about #BuyTwitter

Featured press

"It makes perfect sense"

"a dream that is worthy of consideration"

"Jack, if you're listening, change the narrative from a struggling social network to the voice of the people."

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FAQ

You might be wondering...

1. Can't users buy Twitter stock already?

We mean "buy" as in, buy-out or acquisition.

But, we're proposing a step before that – our shareholder resolution asks Twitter to explore models through which it could sell to its users and other stakeholders, with broad-based ownership and accountability.

Once we have insights on the feasibility of this exit/transition, Twitter can take next step of offering users, employees, and shareholders a way to "buy in" to a more democratically owned and governed platform.

2. How could an exit to democratic ownership work?

It's complicated. That's why we propose Twitter do due diligence with a full study.

But, in the spirit of cooperation, we've thought up several scenarios to explore: a full buy-out that creates a user's trust, a partial buy-out that puts users on the board, a news consortium, and, yes, a crypto-token issuance.

Read ways this could work for four scenarios and five reasons why #BuyTwitter is in everyone's financial interest.

3. Okay! But won't democratic ownership lower stock prices?

We see many ways a more cooperative model would increase Twitter's value.

For example: user trust and loyalty, buy-in as co-owners, and good governance. Democratic ownership has a long history of profitability and sustainability. Reports by McKinsey, Deloitte, EY, and Bain found competitive advantages of cooperative enterprise, finance, governance, and member experience.

By doing its own study on democratic ownership, Twitter can learn from REI, Associated Press, and other enterprises that have thrived for decades. Twitter can also evaluate exits or transitions that continue to deliver shareholder value, for example, with preferred shares that still trade publicly.

Our proposal asks Twitter to study all of this, and report back publicly with insights.

4. What about trolls?

We LOL at trolls.

But seriously, several volunteers organizing with #WeAreTwitter are developing proposals to overcome evil. We discussed many ideas in a recent webinar with governance experts. A few solutions so far include, policies to keep the platform free and open, like a public utility; effective moderation to block harassment, hate speech, and bullying; and improved accountability through electing users to the board; and "sortition," a process of selecting a representative set of stakeholders to weigh in on decisions.

As die-hard Twitter users and shareholders, we have faith that everyone invested in the platform can steward its value into the future.

5. I'm in. How can I help?

Shareholders should vote YES on Proposal 4.

Co-ops and organizations can sign our letter.

Users and everyone, please sign our petition!

Get involved

Thanks to people like you, we've come a long way!

We began organizing last Fall around #WeAreTwitter and #BuyTwitter, following reports that Twitter was up for sale. Many of us feared Twitter's new owner might ruin "the people's news platform" with a narrow pursuit of profit or political gains. We proposed that Twitter sell to us, instead, with broad-based ownership and accountability. We've grown into a community of over 5,000 shareholders and users invested in Twitter's future.

Now until May 22 2017, our shareholder resolution for Twitter to study democratic ownership and save the platform is up for a vote.

Whatever happens, we’ll continue learning and advocating for democratic ownership of the platforms we use.

Say hello! Email info@wearetwitter.global

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