Paul cofounder fomo trader discovery
by Freddenver: Finance
Paul, cofounder of fomo talks about traders' discovery on the platform ‘Only the top guys kind of get discovered on the leaderboard, but if we can build a way for people with smaller amounts of money people who have really good theses but not as much money on the platform, then we could expand trader discovery a ton’ ‘And what we found over time is people who are following more people on fomo are much more active much more retention which means the social graphs are working, educating people keeping people active on the platform’ ‘So we’ll just double down on the trader discovery and usefulness of thesis, one thing we don’t even have yet is a Notification Center so someone tags you someone likes your thesis you don’t get notified, finishing that feedback loop is gonna be really important too’
Transcript (en)
Only the top guys kind of get discovered on the leaderboard, but if we can build a way for people with smaller amounts of money, people who have really good theses but not as much money on the platform, then we could expand trader discovery a ton. And what we found over time is people who are following more people on FOMO are much more active, much more retention, which means the social graph's working. It's educating people, keeping people active on the platform. So we'll just double down on the trader discovery and usefulness of theses. One thing we don't even have yet is a notification center. So someone tags you, someone likes your thesis, you don't get notified finishing that feedback loop is going to be really important too
