Source: BroBible
Summary
Spirit Airlines ceased operations after failing to secure government funding. A man started a crowdfunding campaign to buy the airline, raising almost $23 million in a day. The campaign aims to collect funds from over 250 million individuals in the US, with an average pledge of $30-$40. The man is seeking help from developers to fix the website, which crashed due to high traffic. However, the campaign faces a significant challenge, as Spirit Airlines was seeking a $500 million bailout to remain operational.
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The habit gets a new name.
Crowdfunding meets airline ownership. A man raises $23 million overnight to buy Spirit Airlines. The campaign’s goal is ambitious, but the math is simple: 250 million people x $30-$40 = Spirit Airlines. The website crashes, and the man appeals for developer help. The campaign’s success is uncertain, but the idea is intriguing. “Buying an airline, one pledge at a time.”
Author: Evan Null
