Mr Altman has been speaking up about some very worthwhile causes. Anyone who wishes to discuss why his share sale runs contrary to his principles can share their views with him here...
https://www.linkedin.com/feed/update/activity:6822880506221273088
Dan Altman
Founder of smarterscout.com and North Yard Analytics — Co-Founder of NYK Capital Management — Rochdale AFC supporter
Today we're dialing down the smarterscout presence on social media to focus on our main sources of revenue growth: clubs, agencies, media outlets, and betting services. Social media were critical to our early growth, and they brought us members from around the world. They also opened an unexpected door at an important time.
That door was the door to activism. For the past two years, I tried to use the smarterscout platform to support the rights of Black people, LGBTQ+ people, and others who had been denied equal rights by society. Why? Because if I had a platform, I had an obligation to use it to help people as much as I could.
There was a mix of reactions. We were accused by onlookers of "wokeness," as though that were some kind of sin. Some said we were just doing it for marketing. Well, we weren't doing it to promote smarterscout — but we were pushing progressive values and a fairer society. So in that sense, guilty as charged.
Another favorite of mine was the accusation of "virtue signaling". This could only have come from someone incapable of believing that the owner of a company would want to support human and civil rights publicly. Maybe this person was trying to figure out where the percentage was (I don't know, and I don't care). Maybe this person was asking why these rights were worth supporting (please, read a book).
In fact, profit is the furthest thing from my mind when it comes to social issues. (And believe me, I've thought about profit and social investment quite a bit: https://lnkd.in/eJ-tBAK) This is why I put our money where our mouth was by joining Common Goal. We make a donation every year out of our revenue. The return goes to society, not to us.
Our platform isn't very big. We have about 25k followers on social media and 17k members on our site. But I never thought that we'd be able to reach so many people. So I did what I thought we had to do — what I'd want my kids to do, too. And I hope that we brought them a tiny bit closer to living in a better world than ours.
https://lnkd.in/eHWdqxP [Post edited 1 Aug 2021 18:21]
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