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There was a prediction markets company that YC funded in its second-ever batch: Inkling Markets. (http://inklingmarkets.com http://inklingmarkets.com) It's st
by jedc 13y ago
There was a prediction markets company that YC funded in its second-ever batch: Inkling Markets. (http://inklingmarkets.com http://inklingmarkets.com) It's still going, from what I understand through enterprise sales.
Also, for those of you that haven't heard Intrade is shut down and going through some complicated legal proceedings. Their former founder/CEO died climbing Mount Everest a couple of years ago, and I don't think the company ever fully recovered.
(I used to do a lot of work in prediction markets.)
- joosters 13y agoNot just that, their financial situation suddenly became 'murky' and they shut up shop without letting customers withdraw their balances. As I understand, it is still unclear whether or not they have the cash to pay back everyone yet.
- gwern 13y agoThey don't, but judging from their messages on their homepage, they've gotten forbearance from their biggest creditors.