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Makes sense regarding trying to focus on a niche and scale up. It's very hard solving the chicken and egg problem for marketplaces, I've been there before. As
by jameslk 8y ago
Makes sense regarding trying to focus on a niche and scale up. It's very hard solving the chicken and egg problem for marketplaces, I've been there before.
As for regulatory concern, I'm not familiar with the laws, but is it really your responsibility to prevent things like insider trading? It doesn't seem like it would be any different from someone just waiting outside of a company's office to approach its employees.
- dchhugani 8y agoExactly on chicken & egg - but we feel the hyper local approach is a really actionable way to solve it, we're already seeing it work in our niche. It's not really our responsibility at all, even to make sure people abide by company policies or to prevent insider trading. I still however answer all these questions because we think about the ethical implications a lot and we thought through everything in detail before choosing this model. I'm comfortable with the risks, I believe the rewards far outweigh them. Thank you!