INFLUENCE

116 The man who sold shares of himself on the Internet


Listen Later

In 2008, Mike Merrill divided himself into 100,000 shares and offered them to the Internet for $1 a pop. After the initial wave of friends and family bought in, online strangers began to acquire shares of Mike⁠ — a regular person, not a company.

With those shares come voting rights. Shareholders were allowed to decide Merrill's diet, his romantic decisions, even whether or not to get a vasectomy. Any personal life decision for which Merrill would seek advice from a friend, he instead posed to shareholders, who would vote on legally binding decisions.

The experiment led him to global news coverage and an appearance on the Today Show, which raised the price of his shares significantly. These days, shares of Mike trade at around $5.

Alli and Jen talk to Merrill about the origins of the experiment, how crowdsourced decision making has shaped his life, and what he might do differently in the wake of newer online commodity trading models like Bitcoin.

Support 2G1P on Patreon! https://www.patreon.com/2G1PJoin us on Discord: discord.gg/2g1p

Email us: [email protected]

Talk to Alli and Jen:

https://twitter.com/alligold

https://twitter.com/joonbugger

Call the show and leave a message! (347) 871-6548

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

INFLUENCEBy Matt Silverman

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

112 ratings


More shows like INFLUENCE

View all
Rocketship.fm by Rocketship.FM

Rocketship.fm

219 Listeners

The History of Literature by Jacke Wilson / The Podglomerate

The History of Literature

1,107 Listeners

Micheaux Mission by The Podglomerate / Micheaux Mission

Micheaux Mission

216 Listeners

Freelance to Founder by Millo

Freelance to Founder

69 Listeners

Other People’s Lives by Other People’s Lives

Other People’s Lives

3,242 Listeners

Be There in Five by Kate Kennedy

Be There in Five

7,194 Listeners

The Jetsetting Family Travel Podcast by The Jetsetting Family

The Jetsetting Family Travel Podcast

65 Listeners

The Sex Wrap by The Sex Wrap

The Sex Wrap

42 Listeners

The History of Standup by Wayne Federman & Andrew Steven / The Podglomerate

The History of Standup

335 Listeners

Green Eggs & Dan by Cloud10

Green Eggs & Dan

396 Listeners

We Don't Deserve Dogs by The Podglomerate

We Don't Deserve Dogs

186 Listeners

Creator Science by Jay Clouse

Creator Science

463 Listeners

Sounds Like A Cult by Studio71

Sounds Like A Cult

4,083 Listeners

Legends of Avantris by Avantris Entertainment

Legends of Avantris

786 Listeners