Previous discussion, ~187 comments back when this was published in March:<p><a href="https://news.ycombinator.com/item?id=5454147" rel="nofollow">https://news.ycombinator.com/item?id=5454147</a>
This is so perfect, a parable for our age. A man with balls but no guts, deferring to the sort of terrible decisions made in boardrooms everywhere. Even when he knows what he wants, he wants the decision to come from someone else.
I recently moved to USA and just noticed the extend of fame of the Kardashians. So I did a little research and it turns down that they don't have any special skills or talents. They are just "famous for being famous".<p>Imagine that a TV producer reads the article and decides to make a show about Mike Merrill where people get to vote what he does with his life. I can imagine a situation where the value of KMikeyM will soar. Once you become famous your value is not given by your own productivity. It is a strange world, but some people have been able to convert fame into money.
He created 100,000 shares. 3,711 of those shares are in other peoples' hands. Sounds like he still controls about 96% of himself. So why does he care about their votes?<p>Anyway: This whole thing seems wildly narcissistic. Who gives a shit if he moves in with his girlfriend or gets a vasectomy? These are issues to be decided between KMikeyM and his friends/family, not someone who gave him a few bucks for some fake "shares." Especially if he doesn't know that someone personally.
There's plenty of discussion here (and the original thread back in March) about the social/moral/ethical issues behind this. What about the legal side? Is there any way he's doing this legally - in such a way that the SEC, FTC, or similar gov't entities wouldn't shit all over it if they decided to pay attention? Even if he created a corporation with real stock, is it possible that he's actually legally bound to it?<p>In other words, does the continued value of the stock hinge on your faith in his word, and your faith that the government won't someday intervene?
This is the first time I want to downvote a story! This guy is crazy and I know that he wants to play the "Trueman Show" to get money through shares, while he literally puts money above human value. So egoistic... I'm speechless and shocked Mike!