SprinkleBit

Crowdsourced investing, let's invest together!

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Crowdsourced investing, let's invest together!

1 follower

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Launch tags:iOS•Web App•Tech

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With the rising prevalence of Silicon Vally culture, I think investing is going to be the next big mainstream rush. Social investment is inevitable, and this seems like a good solution!

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11yr ago

SprinkleBit Android App

Maker

@weheartscott thanks for the kind words Scott!

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11yr ago

@weheartscott Social investing seems to fit badly to current wall street structure. Let's say Social investment becomes widely popular. It causes people to invest on same things due to peer pressure. This bumps up the market value of an individual instruments, until for any number of reasons (bad news, large sale etc.) that hype stock drops hard. This causes many small time investors to lose money. I think if someone would really benefit Social investing becoming mainstream it would be hedge funds and algo traders. They (we) leverage upward hype with leveraged capital and or options then use sentiment analyses to predict crash event making even more money with aggressive stock and option short. All this makes a lot of money to pro investors while small timers lose their money.

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9yr ago

Just found an article about SprinkleBit on TechCrunch http://techcrunch.com/2016/01/27...

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10yr ago

My Octocat by Github

@wallinex what was your inspiration to create SprinkleBit?

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11yr ago

SprinkleBit Android App

Maker

@katesegrin I started investing when I was 14 years old. When I was 20, I had enough to pay for college. I never wanted to give advise to my friends who begged for it, but I would always show my portfolio and my trades. That philosophy followed me through college when I did my thesis on "The Application of Crowdsourcing on Active Portfolio Management" where I came up with an algorithm for finding underlying investment sentiments through crowdsourcing transaction data. The result is ingrained in SprinkleBit as VPI, Value Prediction index. You can read about it here it here http://blog.sprinklebit.com/spri... ... So a long story short, I am really passionate about bringing transparent investing information to people and to teach them that investing isn't that hard, it's not scary, and it can actually be fun! :)

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11yr ago

Sounds cool. There is a similar yc company. Can't remember the name

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11yr ago

SprinkleBit Android App

Maker

I hope you guys will like it! :)

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11yr ago

This could be particularly relevant bc of title IV of the JOBs act

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11yr ago

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