I can’t imagine a single world in which this A) Happens as is presented B) is not a complete fraud scam

Even if this was real, probably not the best time to buy a share in an airline.

Kind of wish it was real, we don’t get too many Something Awful goon project or “we did it, Reddit!” style disasters these days now that everything is simply a scam.

I’ll take fakest shit ever for $100, Alex

LEGAL NOTICE: Non-binding pledge of intent only. No money collected. All profit-sharing, dividends, voting rights and ownership references are proposed concepts only — not confirmed. Nothing here is a securities offering, investment contract, or financial instrument. Subject to review by qualified securities & aviation counsel. Participation does not guarantee ownership or financial return.

[Spirit 2.0] looks like gambling, but it’s actually fraud.

This has got to be a rug pull

Damn they closed the pledges. I was going to donate a 500 billion dollars.

This is, at best, probably naive, but wanted to type this up, since this thing mentions the Green Bay Packers so much. As someone that owns a share of the team, it’s not traditional stock. It’s common stock. I don’t see dividends or have much of a say over the team. Every year, there’s an election for the board of directors I can participate in, and then that board usually just rubber stamps the team president who actually makes a few decisions. But most of the football operations are done by the GM and the head coach. No one can own more than a handful of shares, just one share for each time it’s been offered of the last hundred years or so.

That’s not to say that it’s bad. This is way better than cheering for some sports team owned by some billionaire. The reason Green Bay, Wisconsin, a town of barely 100,000 people has one of the most recognizable sports teams in the country (maybe even the world) is because of this. The by-laws state the team cannot be sold for a profit and any proceeds from a sale would just go to charity. Also, because the Packers are publicly owned, they are required to release their financials, which gives a rare glimpse inside the operation of a professional sports team to anyone curious.

The NFL fucking hates this, by the way. So, that’s probably another reason you know it’s good.

All that said, part of what makes this ownership model work is that the by-laws are well-written and the NFL actually has a lot of mechanisms to spread the wealth of the league around, like profit-sharing from the TV deals and the like. I don’t know if this even could, let alone would, be replicable for air travel.

Honestly surprised that Spirit didn’t pivot to AI.

Every flyer, a member of the board!