1) Will OS make any effort to inform users who deposited the $2,500 max in 2008 that they can deposit more money for calendar year 2009 if they so desire, before their 1yr. anniversary date? Perhaps send out a monthly news letter telling people the state of the site, what improvements have been made, etc? The folks who are part of the OneSeason Nation are all up to date, by the minute, with OneSeason news, but I think a lot of people, especially new users don’t know there is a OneSeason Nation where they can get all the help they need?
Answer: Yes, I think it is highly likely that this will be included in a future newsletter(s).
2) Can someone inherit a OneSeason account from someone who passes away? What if the person inheriting the account already has an account?
Answer: No. OneSeason is for the fun and entertainment of (living) sports fans. Accounts cannot be transferred among users (alive or dead).
3) I was curious if you had given any thought to charging a nominal “listing fee” at any point when you envisioned OS. The reason I ask is I believe it would help the other side of the “ghost order” problem. People listing shares they have no intention of selling, or people placing buys they have no intention of buying.
Answer: We do not currently anticipate charging any listing fee’s for placing orders. We have been working on some adjustments to prevent the repeat orders that have been occurring. The display of Trade Orders should minimize the distraction of any orders placed far away from recent activity.
4) Have you ever considered “no split” stocks? I know this is something many real stock market users would have a ton of interest in. (Berkshire Hathaway)
Answer: Right now we are focused on building a system that is intuitive and accessible to a large audience.
5) What is the 3.5 million investment from CRV going towards, advertising, servers, staff, research, etc?
Answer: The investment provides the company with additional resources for our operations (includes all of the above) so that we can continue to build out our system.
6) Can the player request form be wiped clean once a quarter? Too many people come and go…if we knew it was gonna be cleaned up, we could still request the players we want. I don’t want players being released from requests of people that r not active! Maybe a better idea would be to clear the list for accounts that haven’t traded in the last 30 days.
Answer: I agree with the intention of your suggestion, let us think about the best way to implement.
7) First I want to thank you and your crew for all the hard work you guys do, it is amazing how far this thing has come so quickly. My question for you is, have you guys ever thought of releasing the same amount of SOI’s for each IPO, say 1,000 for each one? I think if each SOI came out with the same amount of shares outstanding it would be a lot easier for people to see the difference in value between players. While many people look at total value while buying SOIs some people are still stupid and do it solely on price.
Answer: This is something that we have thought about and will continue to revisit but really would prefer to design in such a way that folks look at what matters from the start (otherwise it is just deferring the issue).
Hey Mike, Most important question ever asked….Gisele Bundchen or Adriana Lima.
Answer: Wow, this is the best and most important question that I have been asked. I would have to say both. That way Gisele would assume that I was with Adriana, Adriana would assume that I was with Gisele during which time I could chase Erin Andrews and get some work done.
9) Mike, There is a trader named Alex Garcia (user name alexgarcia) who also appears to work for oneseason on the social networking sites or something? He tells us to contact him via his email address alex@oneseason.com. He has quite the sportfolio, and judging by the fact his sportfolio has HMLS in it, he is an active trader. I thought employees of OneSeason weren’t allowed to partake in market activities? How come a guy with a @oneseason.com email address who is working for you guys on the web is an active trader?
Answer: Alex works with a group in Seattle that does some contract work for us helping to manage social/viral/community buzz. When the company that he works for is engaged with OneSeason, his trading ability is suspended and prohibited.
10) State of the OS question. Where is the site at in the development phase? What do you see the upcoming timeline looking like? 30 days out? 60 days out? 6 months out? 1 year out?
Answer: OneSeason continues to be built in logical phases. Building and stabilizing the trading system along with achieving proof of concept can now be checked off. Gone are the days of pre-launch assumptions as we now have live operating data and can see what features people like/use, what needs to be improved and what should be removed. At this point we have a product/service that is approximately 25% of what we envision existing and are working methodically to build it out. Based on the usability information, we have been working on some redesigns which you will begin to see implemented over the coming weeks along with a number of new features. OneSeason has begun to encourage content providers to use the platform for distribution. This includes widget, data and feature embeds on other websites as well as the development of 3rd party applications on and around OneSeason.com. As this virtual goods marketplace and social gaming platform for online sports entertainment gets more complete, we will become more aggressive on attracting users to a clean, intuitive, compelling experience. Optimizing and scaling a product/service that is appealing to a broad audience is the next chapter to be written for our story. I cannot provide any more detail about the timeline or potential future releases. We are hopeful that you enjoy the system as it is currently available and are working hard to continually improve the site.
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