I love the ticker time machine. We’ve struggled a lot with building community... it’s so much harder than what people say it is. Building in public is hard when you work in B2B finance. It’s refreshing to see the approach in the investments space. The taking strong opinionated stance is awesome, but I wonder how they sold these kind of approaches up top. More and more, I’m starting to think that this actually comes from the top and championed downward. Do you think an existing product or company can still create a strong community?
Hey Eduardo! Thanks for this comment. Re: the Hertz decision, I can say that it came from the top of our org as a business decision. I think it's important in these moments of taking the stance that it comes from cross-functional senior leadership, otherwise it becomes a marketing gimmick and is therefore not authentic. The Hertz move was something we determined was right for our customers given the unprecedented nature of what was happening -- from there, we communicated it out. But importantly it started as a business decision, not a marketing one. - Katie
This is very cool - big props Katie, and the team at Public for building something great!
Investment management has always been a very secretive, private sub-industry due to the zero-sum nature of the work. This has gotten much more extreme in the age of quant finance, where the smart money is usually working with swaths of data and dedicated research teams.
Does Public plan to address investment research and decision support for individual investors, or is it conceived as a purely social experience?
I love the ticker time machine. We’ve struggled a lot with building community... it’s so much harder than what people say it is. Building in public is hard when you work in B2B finance. It’s refreshing to see the approach in the investments space. The taking strong opinionated stance is awesome, but I wonder how they sold these kind of approaches up top. More and more, I’m starting to think that this actually comes from the top and championed downward. Do you think an existing product or company can still create a strong community?
Hey Eduardo! Thanks for this comment. Re: the Hertz decision, I can say that it came from the top of our org as a business decision. I think it's important in these moments of taking the stance that it comes from cross-functional senior leadership, otherwise it becomes a marketing gimmick and is therefore not authentic. The Hertz move was something we determined was right for our customers given the unprecedented nature of what was happening -- from there, we communicated it out. But importantly it started as a business decision, not a marketing one. - Katie
This is very cool - big props Katie, and the team at Public for building something great!
Investment management has always been a very secretive, private sub-industry due to the zero-sum nature of the work. This has gotten much more extreme in the age of quant finance, where the smart money is usually working with swaths of data and dedicated research teams.
Does Public plan to address investment research and decision support for individual investors, or is it conceived as a purely social experience?