Will they not go after Emerson?

Predictable. Awful. The fear is driving people back into the shadows.

OTOH the IPO provides lots of opportunities for litigation over PBC governance laws 😬

Nice

A lesson they should’ve gleaned from the co-op hippies before them :)

A child stepped forward from the crowd and exclaimed, “the immigration judge is not wearing robes!”

I mean… not here to defend it, but this just describes the rise of impact investing and the ability of mission-driven private investors to deploy capital more quickly and with fewer legal/tax constraints, which is what the Knight Foundation has also started doing (see eg Bluesky investment)

Not everyone needs to be a Speaker. It’s a good role for some people. Other people are Doers.

And in some spaces—immigration law, trans care, prison reform, refugee work, eg—the Doers are doing work so emotionally and mentally difficult that it is not realistic or healthy for them to be Speakers.

Cool. But helmets? :)

No. But we shouldn’t have to. He formed a public charity and a PBC. Those entity forms are supposed to embed legal safeguards at the level of fiduciary duties. So far they’ve failed, and public trust has eroded.

Anyway, looking forward to reading this! :)

Planet Labs “doing all we can to balance the needs of all our stakeholders”

Interesting nod to stakeholder governance embedded in the PBC model :)

I love writing. I also find it is energizing. But I also feel the anxiety of writing. It is not always easy. I never use AI.

Apply the rule 💪

When I try to explain the PBC corp gov issues to non-experts, they often veer off into the metaphysical within a couple of exchanges, and I have to pull them back down to earth by saying something like “you’re talking about the tech, but I’m talking about how Board decisions about the tech are made”

As a non-expert, I am struck by Cecilia Wang’s repeated note that citizenship rights initially applied only to white Americans, which feels like a powerful way to cut to the core of the issue.

I came here to check this very thing :)

Any indication of which AI system/s produced the imagery?

It’s a clear and thoughtful read, and I think this is my favorite rhetorical bit:

“Claiming that the [anti-citizenship] position is incompetent and ridiculous is a kind of promissory note redeemed by carefully pointing out the way that the arguments fail.”

I disagree but I hear you.

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The argument is that Stephen Miller cannot carry out his white nationalist project without relying on brown bodies to do the ugly work

Well… this very good question really gets me going but I haven’t yet finished my coffee, so for now… 👇

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Ezra Klein writes “A.I. systems… are ultimately controlled by corporations that seek profit, power and market dominance.”

But the biggest are NOT traditional corporations.

They are PBCs that are required to balance “the interests of those materially affected by [their] conduct” alongside profit. 😤

Found a fresh tail in the garden this morning

Grammerly can have this one

A piece of advice I got early on from a contracts law professor

I suggest circling every use of “mere” or “merely” in legal arguments bc it flags a weakness in the argument

Sort of gives the game away

One funny thing is all of the experts seem to be public personalities, who are very often not actually experts

If anyone is wondering whether Grammerly used their name…

So odd, just like DOGE