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alloyed 4 hours ago

iirc, it's a consumer co-op. So think of it as a vote of all users willing to pay for the membership to the service, who (correspondingly) are more likely to be power users/"activist" in the "activist investor" sense.

This can be contrasted with a private company, which will often have a "activist investor", the actual owner!

iamnothere 3 hours ago | parent | next [-]

Given that the actual number of paying users is probably low, it sounds like it would be relatively cheap to disrupt policy for someone with deep pockets.

masafej536 3 hours ago | parent | prev [-]

this is a failure mode of consumer co-op that never occured to me. I thought the idea was bullet proof.

2 hours ago | parent | next [-]
[deleted]
lmz 2 hours ago | parent | prev [-]

How is this a failure mode? Sounds like a good idea to me to let the members decide who they want in the club. Just wish this could also be done for national borders.