6 ms·

I wonder what the actual business model for the company is and how the incentives from this will affect the LTSE vision behind "long-term investing". As far as

by yayr 6y ago

I wonder what the actual business model for the company is and how the incentives from this will affect the LTSE vision behind "long-term investing". As far as I have seen on the website the company runs various freemium SaaS products like captable.io, startuprunway.io and hiringplan.io. They obviously want or need to monetize on that. edit links: - https://captable.io https://captable.io - https://startuprunway.io https://startuprunway.io - https://hiringplan.io https://hiringplan.io - https://fast409a.io https://fast409a.io - https://startupdisclosure.io https://startupdisclosure.io - https://notegenie.io https://notegenie.io

awinter-py 6y ago
yuuuup it feels like the third page in the godaddy checkout flow where it's like 'maybe you need our wordpress, email, and VPS hosting in order to launch your website' also feels like a data grab. traditional exchanges don't collect this stuff, and the SEC doesn't collect most of it.
- deleted 6y ago
  [deleted]
sbilstein 6y ago
I spoke to a recruiter for LTSE a year ago and they were hiring lots of engineers to compete with Carta. I was a bit disappointed with the pitch; sure Carta is useful but I had hoped LTSE was a place to do some really revolutionary stuff. It seems like that aspect of the company is a ways off and from my limited understanding, it doesn’t seem like today’s announcement makes it tangibly different than NYSE. I’m neither a banker nor a major investor so I’m really curious to understand how they see this as a paradigm shift. For now it looks like a stock exchange started by someone I really admire but not much else.
- rayshan 6y ago
  Companies built to last are built that way from the start. The culture and contracts baked into the companies follow them for life. That's why we build software for ourselves and our fellow founders. I wrote more about this here: https://shan.io/writing/ltse-launch-americas-newest-stock-exchange/ https://shan.io/writing/ltse-launch-americas-newest-stock-ex...

by yayr 6y ago

awinter-py 6y ago

yuuuup it feels like the third page in the godaddy checkout flow where it's like 'maybe you need our wordpress, email, and VPS hosting in order to launch your website' also feels like a data grab. traditional exchanges don't collect this stuff, and the SEC doesn't collect most of it.

deleted 6y ago
[deleted]

sbilstein 6y ago

I spoke to a recruiter for LTSE a year ago and they were hiring lots of engineers to compete with Carta. I was a bit disappointed with the pitch; sure Carta is useful but I had hoped LTSE was a place to do some really revolutionary stuff. It seems like that aspect of the company is a ways off and from my limited understanding, it doesn’t seem like today’s announcement makes it tangibly different than NYSE. I’m neither a banker nor a major investor so I’m really curious to understand how they see this as a paradigm shift. For now it looks like a stock exchange started by someone I really admire but not much else.

rayshan 6y ago
Companies built to last are built that way from the start. The culture and contracts baked into the companies follow them for life. That's why we build software for ourselves and our fellow founders. I wrote more about this here: https://shan.io/writing/ltse-launch-americas-newest-stock-exchange/ https://shan.io/writing/ltse-launch-americas-newest-stock-ex...