I’m exploring an app that would let retail investors trade or delegate their voting rights (the “proxy votes”) while keeping their shares.
Basically, if you don’t care how your shares vote, someone else who does could pay you for the right to use them.
Obvious issues: regulation, low dollar value per vote, and general apathy.
But I’m curious — would you ever use something like this? Or is this one of those ideas that’s interesting in theory but dead on arrival in practice? Thanks!