Line of attack
Hello all. @PoliUndelievered here, offering my suggestions. Who knows if this will work, but it's worth a try and time is of the essence! Twitter can strike an acquisition deal any second, so we need to start taking concrete steps to achieving our goal ASAP.
The way I see it, this is not a matter of online community building. This is about taking real-world action. Petitions are, by and large, useless (it's good to have names and email addresses of people interested, but Twitter is a business and they don't make decisions on the basis of a few thousand names on a list).
Here's what we need:
1) LAWYERS. Every single step of this process requires an understanding of the laws governing corporations, stock issuance and sales, etc... There's a thread on here about identifying people to target to try to persuade them to join this movement... Lawyers do not work for free (esp. not good ones); I don't care how much they enjoy Twitter and want to see it succeed. So that means we need $$$.
1A) $$$ to hire lawyers: This is the sort of problem crowdfunding pages were made for. Idk the pros and cons of each.... This is a liiiitle bit of a chicken-and-the-egg problem. We need to incentivize contributions to the legal fund, but don't know the laws involving contracts to buy stock that hasn't been created yet... Ideally, we could promise that a) contributions to the legal fund will b) be reimbursed by stock in the holding company that's formed to buy Twitter. Perhaps those of us here that most want to see this happen can chip in to hire the first lawyer, who can advise us what we need to do to get the ball rolling on a larger, more widespread fundraising effort
2) Form a holding company/set up a website to sell stock. Basically a holding company is a organization that's formed for the purpose to acquiring other companies. That's what we want. Buying twitter is going to require a lot of money; it absolutely cannot all be raised by well-wishers. We need investors; we need to sell them a vision for how they'll make their money back. We promote it as an innovative new online organizational method, where content creators are rewarded for their participation and where they control the way the site functions. This, the pitch will go, will help to solve Twitter of the biggest obstacle preventing the site's acquisition at the moment: all the hate speech that current management refuses to clean up. We will fix that in a way that won't turn off users, because users will be direct beneficiaries of the improved site. Profit will be pursued, because the capital investors will get a certain % of seats on the board of directors or a certain # of voting shares (again: we should have lawyers who actually has experience with structuring corporations recommend a course of action, because THE WORST thing we can do is get derailed from the beginning by conversations of who gets what rights and powers)
3) PUBLICITY. Sell those holding company shares. Get on CNN. Be the #1 trending topic.
4) Begin talks/ buy Twitter: You don't need to have all the money up front to begin talks. Starting even sporadic negotiations will create a feedback loop with #3 and we might be able to come up with a deal that mixes cash and shares in the holding company, which will continue to solicit investments
5) Redesign Twitter to reward users with voting share in the company. This DEFINITELY doesn't need to be hammered out before other steps. All we need is to agree on the general principle that this will be a coop, owned and operated in conjunction with capital investors. It's an easy thing to agree on, bc we can't get anywhere without capital and I think we all agree that we want to do something bold that makes Twitter a better place and that ripples out and starts disrupting other segments of the web (Uber, what-have-you).