I’ve become a Sr. Associate…at Wikinvest…why it will fail

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So, I had an interview the other day at Wikinvest.com …it went horrible.  I completely bungged up.  I’ll never hear from them.  Oh well, there are tons of things wrong with this unlikely success story.  I was hoping they would hire me, and I could fix that for them…but they wanted a coder…I wanted a more challenging/interesting role, so by the end of the hour long phone interview, I think we both new my chances, were quickly approaching the limit of 1/t, as t goes to infinite (If you don’t know the answer, see this). 

They have 10 employees, and enough users to almost cover the S&P 500 stocks.  I seriously wanted to cut and paste my morningstar subscription content, but instead I attempted to write.  It’s hard to spew out everything you know about a company you’ve invested in for years…try it…it’s hard to pen.  Ideally, they would have every stock covered like AAPL, but that’s unlikely considering this quick math / thought process / estimating / considerations:

1. The number of people that know how to use a wiki is few.

2. The number of people that want to write about stocks for free are a rare breed.

3. The number of people invested in any given stock, and long enough to care about it, is a finite number.

4. The information they will database is all available via other means, will be stale, baked into any stock, and possible incorrect/incomplete.

…this post is To Be Continued.

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