Pynk
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company does
Pynk is a London investment platform founded in 2018 by Seth Ward, Rupert Barksfield and Mark Little. Powered by AI and 'Wisdom in Crowds,' it aggregates and harnesses stock prediction and forecast data from people around the world to build a more equitable investment model: users submit price predictions, its AI 'Rose' evaluates them by prediction history, and the profits from resulting trades are shared with the crowd. It won Best AI Startup at the AIBC Blockchain Summit and raised about $2.5 million.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Seth Ward, Rupert Barksfield and Mark Little founded Pynk in London; won Best AI Startup at the AIBC Blockchain Summit and the Great Pitch battle at Wolves Summit.
- Crowdfunding rounds
Raised £1.6 million seed via Seedrs and FunderBeam; launched the 'Placeholder' people-powered investment portfolio in 2021.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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