This month marks the six-year anniversary of when two friends (Niall Brown, Mike Mannion) and I started a company called Empire Avenue. In those days we had multiple names for the code base, Project Venice being the most used due to the Merchant of Venice. Very quickly our small threesome filled out with many more wonderful people in no particular order: Craig Miller, Aaron White, Mike Grills, Ric Williams, Brad Grier, Robert Kallir, Niketh Pareek, Todd Derechey, Brent Knowles, Narsimham Chelluri, Dmitri Didorenko, Nour Kawa, Nithum Thain, Ray Lambe, Nicholas Hovencamp and Tom Ohle. We were supported by a whole cast of wonderful investors, a great Board of Directors, our friends and family and of course last, and certainly not least: the community and customers that we built from people around the world.
It’s not exactly been private news, but I wanted to wait on the the visible changes that I knew were…
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Tonight we will be pushing live some changes to the Empire Avenue Share Price calculation. Most people should see no changes overnight. Essentially, for almost all people, social media will no longer affect the share price on a daily basis. The selling and buying of your Shares will drive your share price up, or down.
We’ve created a FAQ on questions you may have about the Empire Avenue Share Price. Please read it carefully.
Question: What is the Empire Avenue Share Price?
The Empire Avenue Share Price is the price of a single “Share” for your Social Media Profile on the Empire Avenue Market. Like the real-world Stock Market, your price is speculative and based on how many people value your Social Media profile. Every time someone buys a single share in you, your share price increases by a small amount. Every time someone sells a single share in you, your share price decreases by a small amount.
The price of each share is valued in our own virtual currency that has no real-world exchange: Eaves.
When you join Empire Avenue your Share Price starts at 10 Eaves. During the first two weeks we measure your social media (followers, connections, friends and activity) and will establish a “Base Share Price”. After two weeks, only Buys and Sells of Shares will affect your Share Price.
Question: What happens during Market Open and Close?
The Empire Avenue Market Closes and Opens on an individual basis once a day. This close and open reflects a new “trading day” and roughly happens around 3-6am Pacific.
Between the Close and Open for each individual (which roughly takes a few minutes per individual) we analyze your recent social media activity and may adjust each of the Network Scores.
Question: Do my Network Scores (e.g. Twitter Score) count in my Share Price?
No. After the first two weeks on Empire Avenue, your Share Price is *only* influenced by Share Buys and Sells by others on the Empire Avenue Market. During the first two weeks, your Share Price may be influenced by your social media but not by your Network Scores.
Question: Will my Share Price increase by being super active on (e.g.) Twitter?
During the first two weeks on Empire Avenue, your Share Price will be affected by your social media activity as Empire Avenue sets a “Base Price” for you. After the two weeks, your Share Price will only be increased by Buys and decreased by Sells of your shares.
Question: What is the Average Dividend Per Share?
Your Shareholders earn Eaves based on the Social Media Activity you generate. This amount is based on your connections, activity and how that activity is shared, retweeted etc. The amount paid per share is called the ‘Dividend per Share”. For example, if Joe pays out 2e per Share on any specific day, and Jane owns 10 shares in Joe, then Jane will receive 20e on that specific day.
To earn more Eaves, you should invest in those that are producing the highest dividends.
We will be changing all the FAQs and Information throughout the site that mention the social media component of your Share Price over the next few days. We hope that this will accomplish the following goals:
1. Simplicity in explaining and understanding a key metric on Empire Avenue.
2. Easier onboarding for new people.
3. Less weird and unexplained fluctuations that frankly make little sense.
In the world of Prime brokerage collateral management are the services offered by investment banks and securities firms to hedge funds and other professional investors needing the ability to borrow securities and cash to be able to invest on a netted basis and achieve an absolute return.
The prime broker provides a centralized securities clearing facility for the hedge fund so the hedge fund’s collateral requirements are netted across all deals handled by the prime broker.
Once more, we are delighted to present you with the Swiss Private Equity Conference, especially oriented for the Swiss Market and surroundings.
SPEC is a conference dedicated to top CEOs, Managing Partners, Investors and Private Equity Executives who are eager to show their expertise and knowledge-level obtained during years of successful ventures and achievements.
The Swiss Private Equity Conference is a one-day concentrated event with exciting keynotes speakers, thrilling panel discussions, and valuable networking opportunities for top tier professionals.
The conference is attended by more than 300 professionals including many executives from all different kind of industries including Private Equity, Venture Capital, Investment banking, Auditing, Consultancy and MBA students from the most prestigious universities around Europe.
Swiss Private Equity Conference is an exclusive type of event in all its aspects.
One of them is the fact it is organized by an International Student Organization with students from
- Católica Lisbon School of Business & Economics (Portugal),
- University of St. Gallen (Switzerland) and
- Copenhagen Business School (Denmark).
We are eager to make our conferences better event single year, therefore, this year we have the pleasure to announce its newest location – Zurich.
Moreover, SPEC is also unique in terms of its dedication to the practical insights and strategic focus.
It is very important that attendees gain inspiration, insights, and invaluable peer-level networking opportunities.
We believe in long lasting relationships around our attendees.
Swiss Private Equity Conference will take place on the 10th of April 2015 in Zürich.
Don´t miss this huge opportunity to increase your knowledge-level about the latest business trends!
October month full moon was namedHunter’s Moonbecause after the fields have been reaped, the leaves begin to fall and the deer are fat and ready for eating. Hunters can ride easily over the fields’ stubble, and the fox and other animals are more easily spotted. October’s full moon is also known as the Travel Moon, the Dying Moon, the Moon of Falling Leaves and/or the Blood Moon or Sanguine Moon because of its bright color.
#FullMoonEngageMe Social Media Event N°6 Schedule
The event will start on Tuesday 7th of October at 18:00 UTC and will last until Monday the 13th in HERE.
What is this about?
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A worrying factor in Ukraine’s chaos: 15 nuclear reactors WP By Rick Noack September 3 As Ukraine looks like a country teetering on the edge of war, there’s an important factor to keep an eye on: The country’s 15 nuclear reactors.
“There haven’t been many conflicts in states with nuclear power facilities in the past, so we’re really entering unknown territory here,” said Jeffrey Mankoff, Deputy Director of the Center for Strategic and International Studies’ Russia and Eurasia Program. NATO has already shown its concern, sending a small team of civilian experts to Ukraine in April to advise the government on the safety of its infrastructure.
There is a historical component to the anxiety: In April 1986, a reactor of the Ukrainian nuclear power plant at Chernobyl exploded, causing the worst nuclear disaster in history, and a high rate of cancer among emergency workers and people living in the affected areas…
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