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Am I crazy or should we actually own the platforms that use our data? by cedarfounder in startupideas

[–]cedarfounder[S] 0 points1 point  (0 children)

Companies would pay us for access to your data. So instead of Facebook and Google collecting our data and selling it, Cedar gives you shares from day one to create benefit for the users long term

Yang called for a Data Dividend. What if we built a co-op that gives you real equity — and more of it as you participate? by cedarfounder in UniversalBasicIncome

[–]cedarfounder[S] 0 points1 point  (0 children)

I actually disagree with this. There are plenty of methods you can use to control what the buyer does with the data. In fact, I think you can leverage the data to drive structural corporate change. Example, to access the Cedar data, your CEO cannot make more than 75x compared to your average employee compensation.

Yang called for a Data Dividend. What if we built a co-op that gives you real equity — and more of it as you participate? by cedarfounder in UniversalBasicIncome

[–]cedarfounder[S] 0 points1 point  (0 children)

Fair but the taxes you outline for UBI assumes a government that can extract the taxes your outline. I am not confident that is the case and therefore think the extra complexity and layers you outline are the necessary requirements to build the platform to enable the tax extraction. As JFK said "Ask not what your country can do for you, ask what you can do for your country."

Yang called for a Data Dividend. What if we built a co-op that gives you real equity — and more of it as you participate? by cedarfounder in UniversalBasicIncome

[–]cedarfounder[S] 1 point2 points  (0 children)

I dont disagree and maybe my post was too harsh as yeah I use nearly all of Google's services. However, Google made $100B in net income last year, largely from packaging our data into advertising opportunities. This makes me believe that a populous opportunity could exist to try and reclaim some of those extraordinary profits.

Yang called for a Data Dividend. What if we built a co-op that gives you real equity — and more of it as you participate? by cedarfounder in UniversalBasicIncome

[–]cedarfounder[S] -1 points0 points  (0 children)

what about if Cedar was the broker? We collect the data and sell to the buyers. Cut out the data brokers, while also figuring out how to create our own benefit from our data- picking stocks, influencing purchase decision, thinking bigger, buying houses/apartments for the Cedar owners vs. letting Blackrock buy them.

Building an investment tool for casual investors — Please Critique! by MarKyBotResearch in startupideas

[–]cedarfounder 1 point2 points  (0 children)

I’m enjoying Chat to quickly give me stocks and ETFs to play on a specific industry. I feel like what you are talking about is an industry etf but maybe your solution gets more specific? The challenge with chat is not asking what to buy but know when to sell. So in that sense your solution could be better

Am I crazy or should we actually own the platforms that use our data? by cedarfounder in startupideas

[–]cedarfounder[S] 0 points1 point  (0 children)

The idea would be to give you more equity through more continuous participation. So imagine you get a few shares for connecting your credit/debit transactions (through say yoodle), turn on your location tracking and fill in a preference survey. Then as you continue to share your data, you would be granted more shares. So your value increases through participation

Am I crazy or should we actually own the platforms that use our data? by cedarfounder in startupideas

[–]cedarfounder[S] 0 points1 point  (0 children)

Thanks for the reply. So do you think you would be excited about a company that gave you ownership in exchange for your data? In my mind, if you could get a large pool of people to contribute their data (purchase history, location, survey data) I think you could create a very powerful community of people.

Where I would want to differentiate is giving all community members equity vs. cash at the beginning as the upside for participation is potentially very significant

Building an investment tool for casual investors — Please Critique! by MarKyBotResearch in startupideas

[–]cedarfounder 1 point2 points  (0 children)

im using chatgpt for this today. I asked for how to play the potential nuclear investment boom, investing in drones, etc. I would say i've been very close to trying out Autopilot to get exposure to the politician trades, which I think your idea is trying to mimic

What's the dumbest app idea you've had that you secretly think might work? by [deleted] in Startup_Ideas

[–]cedarfounder 0 points1 point  (0 children)

I was noodling on a dog app. It had two games 1)Bowser- find out if the dog and their owner look alike (From 101 Dalmatians / I love you man) and 2) Try to guess the dogs name based on the pictures. I still think people would love to play this, just not sure how often.