Posted by: admin | Posted on: April 3rd, 2013 | 0 Comments
by Rebecca Bernard
William Schreiber, a senior graduating from the Vanderbilt Curb Scholar’s Program, took a few minutes to answer some questions about his Senior Legacy Project, the Stadium Stock Exchange.
Interviewer: Give us the 20 second elevator pitch for your company, the Stadium Stock Exchange.
William: We are building a fantasy stock market for sports. The current fantasy game does not translate to college sports well, despite the fact that college football is the second most popular sport in the country. We fix that problem with Stadium Stock Exchange, opening up fantasy games to the world of college sports.
I: Describe the evolution of both the idea and the formation of the company.
W: I have always wanted to build a stock market centered around something other than companies. I have also always been a college sports addict, growing up in Birmingham. One day, it hit me: sports teams are just like companies, and people can trade stocks in sports team as that team either out-performs or under-performs its expectations.
I:Where in production are you currently?
W: We are currently designing and building the back-end database as well as designing the front-end user experience. We are also building a content network so that we can generate content centered around the platform itself.
I: What’s the next step for Stadium Stock Exchange?
W: Raise venture capital, finish building the product, and plan a grassroots launch strategy throughout the Southeast.
I: How did your experience as a Curb scholar and/or a Vanderbilt student, help you in designing and building this company?
W: I have always loved creating things. I think the Curb program encouraged me to take risks and celebrate creativity and creation. Vanderbilt gave me the relationships and skills necessary to launch such a company.
I: It states on your company info sheet that one of your partners, McArthur Gill, is a champion–of what may I ask?
W: Fantasy sports. Specifically, NBA fantasy sports. McArthur is also an Auburn fan. I’m an Alabama fan. So it’s funny the two of us are building a college-centered fantasy platform together.
I: What do you imagine the legacy of this project being?
W: I think it could transform how people think about sports. It can allow people with no financial knowledge to begin to understand what a stock is and what it means when that stock goes up or down in value.
Keep an eye out for Stadium Stock Exchange, and more interviews with graduating Curb Scholars.