Sand Hill Exchange - Fantasy Stock Exchange for Startups

@eiaine where can I see our market cap? :) Also, what happened on Sept 21st? Looks like we tanked. Ha!

@rrhoover Product Hunt prices had been rising for a while on fundraising rumors (congratulations on your Series A, btw!)

@utekkare This is very much your style! ;)

@Percival The co-founders are from Stanford, Harvard, and MIT. According to Silicon Valley, that equals billion-dollar company. On a more serious note: We recently exited our last startup together and wanted to give back to the startup community.

@Percival Warren is a data scientist and a machine learning expert, Gerrit is a serial entrepreneur, and I spent 2 years designing technology for the Australian Stock Exchange.

@eiaine Yes the trifecta of entitlement ;) Can you tell me what that last startup was?

@Percival It was Barnacle, a peer-to-peer delivery startup. The technology and platform were acquired by another company earlier this year. I can't disclose the details publicly but it's a great story I'd love to tell in person.

@eiaine "Silicon Valley is in another tech bubble and everyone knows it." Well reasoned.

@chug2k Huge Andy Warhol fan :)

@eiaine You ever think about using hiring, either as a signal or a monetization route? I have a friend who just thought this might be interesting to figure out where she should apply to work.

@chug2k That's a great idea. Our co-founder Gerrit previously built RezScore, so he is certainly interested in this space. We are keeping things simple for now and will see where to build things out as we grow.

@Percival We have fantasy leagues set up just like fantasy sports, so there is offline engagement as well. Our daily emails with news and market stats have a 60% open rate.

@abhic She has a fantasy VC firm already! :D

@Percival lol!

@Percival The exchange is meant for startup fans to share sentiment on startups, the aggregated data can be used by investors as they see fit.

@Percival Given your focus on bitcoin investments, what do you think of BTC as a currency for real investments on our exchange? Also, we've been running a closed league in our office here at First Floor Labs and the members love it. Would you like to help us organize a similar league for @500startups founders?

@eiaine Could be interesting (or a huge legal issue) but also might want to consider a lot of the new smart contract technology being used. Some of them actually have exchange/equity features built in natively. I would be open to having our team or a future accelerator batch do a closed league.

@Percival great, we'll DM you!