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Hart Lamburleft a comment
UPDATE: our market data provider has had a MASSIVE OUTAGE today. Great timing for us, right? This means we can't show any pricing data, which obviously doesn't look good in the app. Please bear with us as we work on a backup solution. UPDATE 2: We're back! Market data is fixed! Hey ProductHunt! I'm the founder of Openfolio. We completely redesigned the app partially based on PH feedback around...

Openfolio 2.0Invest with friends - entirely new version of app

Openfolio 2.0Invest with friends - entirely new version of app
Hart Lamburleft a comment
Whoot! Congrats @tsumme. This is the recruiting tool we've all been waiting for.

Teams by DiscoverlyPool contacts & see the connections you're missing
Hart Lamburleft a comment
Hey PH! We looked at the data from our community of 25k and found that 70% of investors are making basic (and costly) mistakes. This is crazy! We built our Tune Up to help fix this. The data behind this is pretty awesome. After discovering that most investors make some dumb mistakes (http://ofl.io/3_mistakes), we dug deeper and found that following 4 simple investing maxims can *double* your...

Openfolio Tune UpCrowdsourced intelligence → smarter investment decisions

Openfolio Tune UpCrowdsourced intelligence → smarter investment decisions
Hart Lamburleft a comment
Hey guys, I'm the one of the founders of Openfolio alongside @yinonar. We'll be hanging out here for the rest of the day. We saw incredible feedback from the PH community when we launched our beta web app – we'd love to hear what you guys think now that we're LIVE, both on the web and on your iPhone.

OpenfolioSharing economy comes to personal investing, on your iPhone

OpenfolioSharing economy comes to personal investing, on your iPhone
Hart Lamburleft a comment
This is really smart. I think Uber and Lyft would be doing this themselves if the insurance complications weren't so difficult (and didn't pose such massive reputational risk for multi billion dollar companies). Uber can't afford the PR nightmare that could come from an insurance disaster... but Breeze can.

BreezeHertz for Uber & Lyft drivers
Hart Lamburleft a comment
@philipithomas noted. We're going to push out an update in the next 2 hours to address some of your (very reasonable) concerns. Thanks for the feedback.

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@staringispolite, @jpatil man this is useful feedback. Jonathan, I really like the idea of having a few famous guys automagically selected (particularly for users with no social density). JP – you should be able to see all your accounts. I'll email you separately to debug (and my apologies for the inconvenience). And yes, we do need to do an intelligent product tour while your accounts are...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@ecetweets wow, thanks x2! Good to know re: the individual stock pages. We actually have a page for all ~30k stocks/funds that are publicly traded, but our stock pages are again focused around "community". Each page is personalized and shows you which of your friends own a particular stock. The idea is that you can use Openfolio to see if someone in your network has an interesting opinion on a...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@gwintrob Robinhood is a super cool concept. I love what they are about (both before and after their pivot). Unfortunately I don't think we'll be able to get Mint to sync en masse – I doubt Intuit would be okay handing over that auth. But that would be damn cool (and I may very well try to ask them.) On monetization... well, we're focused on growing our community. That's were the value is and...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@ffumarola wow, that is awesome feedback. Many thanks, and beers on me next time you're in NYC. Shoot me an email (hart @ openfolio) and let's keep chatting.

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@rrhoover you have built an awesome community here. So cool to see. @MohammedAlaa questions 1, 2 and 3 we get are "will people share this information"?!? We've found one of our hardest challenges has been clearly messaging what people are actually contributing/sharing. On Openfolio there are no dollar amounts – this is not about much money you have. There also are no direct one-on-one...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@ecetweets... great points. For users with no social density (like you) we need to do much a better job of recommending interesting people to follow and *why* they are worth following. That's high on the product list – I might ask for your opinion on some early design thoughts, if that's cool. @playswithfood, lots to unpack here. Wealthfront is a very cool service (and you can link your...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
Hey @ffumarola... so we've categorized ~30k investable assets in the US (mutual funds, stocks, bonds, ETFs). Unfortunately many company 401k white label their own investment options and don't attach standardized tickers. We are building heuristics to match and correctly categorize those, but it's still a work in progress. I'll update yours later today. The dream is to correctly categorize and...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
@ErikTberg this is a fascinating article... and the graphics are really incredible. There is a lot to comment on here – maybe we should rap about it (on rapt.fm)? :) The "sharing economy" concept we're focused on is less commerical – one example we love is Waze. It's incredible – users who are stuck in traffic contribute to the Waze community, for no immediate benefit. Waze works under the...

OpenfolioSharing economy comes to personal investing
Hart Lamburleft a comment
Thanks @Josh_Goldstein! @yinonar and I are co-creators of Openfolio... we'll be hanging out here for the rest of the day. We're big fans of ProductHunt and we'd really love to get some feedback from this community. Here's the two sentence description of what we're doing: Openfolio brings the power of networks – openness, connectivity, collective intelligence – to the world of personal...

OpenfolioSharing economy comes to personal investing


