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Show HN: I made an HN for the financial industry

boredbanker.com

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Re: Show HN: I made an HN for the financial industry

#91
post #45

Earlier quoted context omitted.

The working solution (proven by Reddit) is to create a ton of fake accounts and post stories from them, and have them talk to each other in comments.

have a source on this?

http://motherboard.vice.com/read/how-reddit-got-huge-tons-of...

Re: Show HN: I made an HN for the financial industry

#93

Kudos to everyone doing a "HN for this" but I feel like there is something else about "HN" that makes it "HN" than just the simple UI. So, I dunno ...

No, there is everything about HN rather than the horrible UI. If you start new HN, go ahead and fix at least that. Make it a responsive site (among other things). I am sure the financial sector would appreciate that more than the 90s feel of this website.

Re: Show HN: I made an HN for the financial industry

#94
post #77
post #61

Earlier quoted context omitted.

As someone who's spent most of their career in professional finance, my strong advice would be to avoid the proliferation of "contributor" sourced sites. These sites typically allow anyone to write financial articles, trading recommendations etc. and get paid for page views. There is little to no verification of the content, let alone diligence on the credibility of the authors, and the quality of the discussion is e…

Agreed. Also, in the name of "understand your market" - what did early HN readers get from reading HN that they wouldn't elsewhere and how does that translate to finance? Would HN be successful if some random dude had started it instead of PG? I admittedly wasn't around in the early days, but back then I would imagine that the expectation was "wow, generally people who post on here are legit" as a direct consequence…

The problem with this approach is that given a sufficient population of contributors, a random distribution is going to give you individuals that consistently out/under perform purely by chance. This can be seen in the professional asset management industry, where:

there is strong evidence that chasing managers with strong 3 and 5 year track records is actually harmful to your portfolio health [1]

[1] http://advisorperspectives.com/dshort/guest/BP-130108-Track-...

Re: Show HN: I made an HN for the financial industry

#95
post #3

Earlier quoted context omitted.

Banker News

I actually love this as a name. I was originally going to say "just stick with Financier News", but Banker News is perfect. I actually like the idea of this site. I spent a few years consulting in financial services and always found the world fascinating. I could see myself browsing it on a regular basis.

5?

Re: Show HN: I made an HN for the financial industry

#96
surprised to see zero working class backlash or jokes just because its for bankers. i'm sure that says something about the 'class' of people who frequent HN...

good work though. whether or not its useful it works and its finished, and those two things are worth a lot. :)

Re: Show HN: I made an HN for the financial industry

#97
For context: I'm sat on a trading floor in the City of London right now.

I had a similar idea (inspired by Slashdot) about ten years ago but, like so many of my great ideas (e.g. time travel, teleportation), I never got around to implementing it.

A site like BoredBanker.com will almost certainly be targeted by wannabes, trolls and banker-haters. If you don't keep them off the site, real bankers will be turned off by the low SNR and abuse.

If it were my site, I would put in place a mechanism to filter them out at registration. People registering with the site would be required to supply an email address. Anyone who could provide a Bloomberg account (i.e. an email address @bloomberg.net) or an email address at a domain on a whitelist of known financial institutions (e.g. morganstanley.com, citi.com, gs.com, etc.) would automatically be accepted (and potentially given downvoting rights straight away) and so would anyone they invited/recommended/vouched for.

Anyone else would either (a) go into a queue for approval or (b) be given "on probation" access. If (a), someone would need to review the applications (presumably by checking the domain name of the applicant's email address (and, if appropriate, adding that domain to the whitelist) and/or reviewing their LinkedIn profile. If (b), there could be a feedback mechanism that would automatically hellban the user if they received enough downvotes (or were flagged by a moderator), or promote them to "approved" if they received enough upvotes.

You could also allow "approved" users to hide comments from "on probation" users (similar to how Slashdot used to - may still do, for all I know - allow you to set a minimum karma limit).

That way, you make it really easy for legitimate finance professionals to join, while putting hurdles in place to make life difficult for the trolls and Occupy-ists. And you also generate a bit of scarcity-desirability through the invite mechanism.

Of course, as soon as it becomes successful/popular, you'll probably find that the site gets flagged for filtering out by the web proxy filters the banks use. :-/

Re: Show HN: I made an HN for the financial industry

#100
I think the idea is very interesting. Though, unlike the HN community - which is mostly tech audience - I don't think that using HN's design is a good idea. Programmers really don't care about the design as long as it serves the purpose well and is simple. I think you need to customize the design a little bit. Overall, it really is a great idea. Goodluck!
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