Walk by the enormous gift card displays at big box retailers like Walmart, Target, and Best Buy, and you will see gift cards for Facebook Credits in $10, $25, and $50 denominations (Credits are currently worth $.10). Other than purchasing Credits directly through Facebook, this is currently the only mainstream way [...]
The holidays are, for some, an unbearably stressful time of year. The food, the parties, the relatives, and, of course, the gifts, all conspire to make miserable what should be fun and enjoyable. Here at DRS Advisors we are always looking for ways to apply the power of financial engineering to making life [...]
For years the quality of Facebook financial applications has left a lot to be desired. With a few notable exceptions – Fantasy Stock Exchange, for example, which went on to become KaChing and now Wealthfront - finance apps have been largely entertainment-oriented, unstable, and unsupported.
The tide seems to be changing with [...]
The burning question on the mind of nearly every Facebook watcher is: What’s next for Facebook Credits? Over the past year Facebook has inked numerous partnerships with game developers and brick-and-mortar retailers, but the future of this virtual currency – often lauded as the best hope thus far for a “global currency” – [...]
In Part I of this post we blogged about how Kiva stands to benefit greatly by adopting a more social design and, more importantly, incorporating game-like mechanics to expand its user base and create a rich, engaging environment for lenders. On Friday, GamesBeat (VentureBeat) published a post on the trend in [...]
In her widely-read report on Internet trends, current Morgan Stanley (soon to be Kleiner Perkins) analyst Mary Meeker poses an interesting question: Do humans want everything to be like a game? Given what’s happening across the Web, it’s hard to answer anything but yes. Life, as we well know, is largely a game, [...]
These days it’s fashionable to beat up on financial engineers and financial innovation in general, and understandably so – this discipline has been at the epicenter of the crisis we are currently facing. The creation of “financial weapons of mass destruction” is, perhaps, not the most noble of pursuits, much as, say, the [...]
My kids have the day off today, and they each invited a friend over to “hang out” (we dare not call it a “playdate” anymore). Eventually the question of lunch arose. The question was not so much what to have (it would be pizza), but where to get it. In all there are [...]
Once upon a time, finance, like health, was a private matter. Discussions regarding personal financial decisions were conducted largely behind closed doors – between spouses or between individuals and their financial planner, broker, or accountant. With the advent of the World Wide Web and the creation of investing chatrooms and personal finance websites [...]
It’s always sad when any business is forced to shut its doors. More than just a cash-generating entity, a business is also the manifestation of a dream, the real-world expression of an original idea and the unending toil necessary to bring it to life and to sustain it.
Wesabe is an example of [...]