Chris F. Masse August 21st, 2008

I am usually very sympathetic to Inkling Markets and Adam Siegel. I think they are the most professional prediction market consultants. However, I am more impressed by the recent Xpree hiring than by the recent Inkling hiring. Leslie Fine is a market design specialist and a fine researcher, who will bring credibility and expertise to Xpree. Very good coup by mister Mat Fogarty. I am very impressed. Wow.
Tags: Heidi Levin, Inkling, inkling markets, Leslie Fine, Xpree
Chris F. Masse June 25th, 2008



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So, just like flipping a coin, if Inkling told you something has a 15% probability of coming true, you can’t just look at one outcome (i.e. one coin flip). You need to look at multiple scenarios where Inkling said something would happen 15% of the time. If those things actually come true, 15% of the time, Inkling is doing well at this.
Tags: accuracy, event derivative markets, Inkling, inkling markets, play-money prediction markets, prediction markets
Chris F. Masse June 24th, 2008

Inkling Markets:
Here are the jobs we’re currently looking to fill:
Director of Business Development
Take the reigns to plan and direct Inkling’s ongoing business development efforts. This includes everything from identifying and evaluating new market opportunities, working on public relations initiatives, forging strategic partnerships, initiating proposals, negotiating contracts with our enterprise clients, and helping to manage existing accounts. Our ideal candidate will have demonstrated the ability to sell software as a service to large enterprise clients or has proven to be effective at launching new product lines and developing new strategic initiatives for at least 5+ years.
Customer Support
Inkling provides technical support to all its clients. From the trader who has a question about their balance to a marketplace administrator who has questions about how to run a market properly, we’re looking for someone to be our interface for these types of questions. It’s ok if you don’t have an intimate understanding of prediction markets now, but our ideal applicant will have shown excellent communication skills, both verbal and written, will have effectively managed multiple work threads at once, and will not be afraid of venturing in to other activities going on in the company, i.e. supporting business development efforts, doing customer outreach and blogging, performing research, and even doing application testing when necessary. We’re particularly interested in recent college graduates [*] for this position.
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But you’ll notice that he would assign the junior employee (not the business development executive) to blogging.
[*] Yeah, fresh people are cheaper and more flexible.
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Tags: careers, Inkling, inkling markets, jobs
Chris F. Masse June 23rd, 2008

Via Daniel Horowitz (Business and Technology Consultant)
Inkling Markets’ Advisory Board (curiously named “Friends Of Inkling”):
- Bo Cowgill, Google Inc. — Product developer, expert on decision markets for Google; creator of Google’s prediction market and co-author of Using Prediction Markets to Track Information Flows: Evidence From Google.
- George Gendron, Clark University — Founder and director of the Innovation and Entrepreneurship Program at Clark University; former Editor-in-Chief of Inc. magazine.
- Our Michael Giberson.
— His recently updated website states: *Update:* Beginning in August, 2008, Michael Giberson will be joining the faculty of the Center for Energy Commerce in the Rawls College of Business, Texas Tech University.
- Bob Johansen, Institute for the Future — Author of Get There Early: Sensing the Future to Compete in the Present and six other books; Distinguished fellow and former CEO of Institute for the Future (IFTF), a Palo Alto based think tank that does ten-year forecasting.
- Jane McGonigal, PhD, renowned gaming developer — Award-winning innovative game designer, researcher and analyst. MIT Technology Review named her as one of the top 35 innovators changing the world through technology.
- Russ Roberts, management consultant and professor, Northwestern University — A strategy and organization effectiveness consultant and professor at the Kellogg Graduate School of Management at Northwestern University.
- Philip Rosedale, Linden Lab / Second Life — Founder and chairman of Linden Lab, creator of the acclaimed 3D virtual world Second Life. In 2007, he was listed among Time Magazine’s 100 Most Influential People in the world.
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Tags: Friends Of Inkling, Inkling, inkling markets, Inkling Markets' Advisory Board
Chris F. Masse June 10th, 2008

Adam Siegel of Inkling Markets:
Mike,
The context of that discussion was talking about allowing people to create their own markets vs. having them only be run by a central entity or only through recommendations by a consulting firm.
We were also talking about the insights you may get by running prediction markets that are not readily apparent in the market results.
The original point was, by allowing people to ask as many questions as possible, the questions may be a signal themselves pointing to something that you didn’t previously know about. If someone asks a question about the probability of a risk factor occurring that you never even considered before, for example. That would never have been uncovered, otherwise, because the “prediction market administrators” wouldn’t even have known to ask.
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Tags: corporate prediction markets, enterprise prediction markets, event derivative markets, Inkling, inkling markets, internal prediction markets, Lew McCreary, prediction markets, private prediction markets
Chris F. Masse May 4th, 2008

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Taking his propos and applying them to Adam Siegel and Nate Kontny, you’d get that:
- The key is Adam Siegel and Nate Kontny’s determination. They refuse to fail.
- The key for Nate Kontny was to find out a good co-founder —that was Adam Siegel.
- [M]arket is the biggest determinant in the outcome of successful startups. [...] Smart people [like Adam Siegel and Nate Kontny] will find big markets.
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Same things could be said of David Perry and Ken Kittlitz, or Emile Servan-Schreiber and Maurice Balick.
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Tags: Adam Siegel, corporate prediction markets, enterpreneurship, enterprise prediction markets, entrepreneurs, Inkling, inkling markets, internal prediction markets, Nate Kontny, Paul Graham, private prediction markets, startups, Y Combinator