The Odd Life of Mike Merrill, a Publicly Traded Person

0513WIFFIPOM001_crop“On January 26, 2008, a 30-year-old part-time entrepreneur named Mike Merrill decided to sell himself on the open market. He divided himself into 100,000 shares and set an initial public offering price of $1 a share. Each share would earn a potential return on profits he made outside of his day job as a customer service rep at a small Portland, Oregon, software company. Over the next 10 days, 12 of his friends and acquaintances bought 929 shares, and Merrill ended up with a handful of extra cash. He kept the remaining 99.1 percent of himself but promised that his shares would be nonvoting: He’d let his new stockholders decide what he should do with his life.”

(On a side note, this is the most fascinating thing I’ve read in a long time. It ends much too abruptly. A sequel is definitely warranted.)

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