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This is awesome. I'd really like to see a platform made for this.
by lilfeetpete 14y ago
This is awesome. I'd really like to see a platform made for this.
- asanwal 14y agoTradeVibes tried this many years ago (their assets were ultimately acquired by VentureBeat) so as a side project for fun, maybe. As a viable business, not so much. The problems with this type of "exchange" are as follows: - There is little data and liquidity to "price" these companies. SecondMarket and the other markets like that had this issue as well. Everyone is interested in Facebook and Groupon when private. After that, nobody knows or cares. And the interest is based on popularity - not on fundamentals of companies. - The audience for this type of thing is relatively small - startup enthusiasts, startups themselves and maybe VCs. It's not like Hollywood where virtually anyone has an opinion.
- lilfeetpete 14y agoI agree, I don't think a large enough number of people would find it all that interesting but there should be enough to make a fun sustainable platform provided it resources put into it are kept to a minimum. I agree that it would be practically impossible to work out how much the companies are worth by traditional investor metrics, discounted cashflow for example. But what about other metrics - user signups, number of times tweeted, number of followers on twitter, number of uniques on site, number of mentions in articles/ posts online... I believe http://appdaq.net/ http://appdaq.net/ used some of these ideas.
- saiko-chriskun 14y agowow a friend of mine was literally JUST talking about this last week xD. if anyone here's actually interested in helping discuss how this would be best implemented, I can put you in touch.
- lilfeetpete 14y agoI'd be happy to brainstorm, I don't know if it is worth anyone's time building a product though.
- 2arrs2ells 14y ago+1 Hollywood Stock Exchange [1] might be a good model. [1] http://www.hsx.com/ http://www.hsx.com/