Would love to create a league!
Edit: Oops, @rrhoover is the comments section on this sub meant to stay to 500 Startups partners & makers for questions, or open discussions?
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Maker
@goeric Sure, send us a message and we'll help you set one up!
@eiaine great work! Combining the current UX with decentralized architecture (like https://github.com/psztorc/Truth...) may actually allow market consensus that's more reliable than any other source
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Maker
@AnjneyMidha Thanks! We see blockchain as a protocol through which any titled asset can be transferred, and some of the new contract technologies are made for this, as pointed out by @Percival. We had not seen Truthcoin, thank you for the heads up. This is a cool idea, we should discuss more -- let's DM.
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Hey Elaine,
2 Questions:
1. On the Join page, what does "league" stand for? How do I add my startup to the Exchange.
2. Why cant I just use my Angellist profile to create a page on the Exchange to get it moving?
Thanks,
Pranay
@utekkare Pranay, my Product Hunt account just got approved, so I'll field this one :)
We've found the best way to use Sand Hill Exchange is to compete with small groups of your colleagues. This is akin to the "leagues" that power fantasy sports competitions. In fact, we're currently closing off registration to only allow participation as part of league play, so it's good that you joined when you did :)
At our MVP stage many of our features are done manually so keep me on speed dial. I can take care of things like helping you organize a league, answering any questions, adding your startup. Email me your Crunchbase link which we scrape to build out your company's page, and we'll announce your listing in our next email blast.
Angellist is coming next! :)
Best!
Isn't this like real trading except without the regulation around insider-trading and therefore incredibly easy to cheat? This is slightly different to sports fantasy leagues, because in sports nobody knows what is going to happen. In business there are a privileged few who know **well** before the news breaks. Is that a problem?
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Maker
@arush It's fairly easy to obtain a roster of insider holders (founders, early employees, institutional investors). As with public markets, we can report insider transactions as another data point for users to interpret as they like.
Furthermore, insider trading on our marketplace would be great! Part of the problem with private companies is that they disclose very little information. Outsiders don't have a great way to gauge the health of a company. But if employees and customers are selling a company en masse, this provides a warning to real-world investors.
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