NEW: We’ve tried just about everything to get Facebook (@Meta) to deal with unfettered hate EXCEPT shareholder activism.
We’ve just launched a new campaign with a new app called @iconikapp, which helps organize retail investors for collective action.
markets.businessinsider.com/news/stocks/ic…
We’ve just launched a new campaign with a new app called @iconikapp, which helps organize retail investors for collective action.
markets.businessinsider.com/news/stocks/ic…
Our campaign asks are the following:
Give researchers more transparency into their data and insights through CrowdTangle.
Give researchers more data around takedowns of problematic content like hate and extremism.
Give researchers more transparency into their data and insights through CrowdTangle.
Give researchers more data around takedowns of problematic content like hate and extremism.
What’s cool about this is that anyone invested currently in Facebook can take real, concrete action with their proxies.
Retail investors tend to ignore these proxies, but this allows them to organize to not cede power to larger investors like, say, Peter Thiel.
Retail investors tend to ignore these proxies, but this allows them to organize to not cede power to larger investors like, say, Peter Thiel.
We’ve always been about collective action here, so we think this is well worth a try.
By forcing Facebook to confront its investors, either in the positive or the negative, we still achieve something: Accountability.
By forcing Facebook to confront its investors, either in the positive or the negative, we still achieve something: Accountability.
If you’re a Facebook investor and you want something done about their negligence, you can and should make your voice heard.
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