Darrell Silver! - Pushing for Retail Investors (redux)

I am 28, and live in Tribeca, NYC. I am the founder of perpetually.com, run the tech community JellyNYC, founded StartupXmas and help with New Work City.

In November, 2008, I invested in Frogmetrics, the customer feedback and analytics startup.

I used to work for a statarb hedge fund in New York City until resigning in search of new and more fulfilling challenges.

I take photos, say things, and occasionally use Facebook. Also, I like email.

Pushing for Retail Investors (redux)

I’m excited today to follow up a post of mine from a few months ago. In it I point out how a new set of startups say they are helping retail investors make better decisions, but are in fact basically encouraging bad advice. However, just yesterday TechCrunch reviewed MarketRiders, which, while early, could be everything I hoped for. The site encourages simple, low turnover asset allocation strategies based on your investment details.

They’ve got issues right now that need to be addressed, like security of the financial details I give them and the advice they give me. They also have other ideas that could prove disastrous, like making deals with brokers. This kind of thing could be a trust-killer.

We’ll see how they come out with this stuff, but here’s hoping!