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EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 15:10:00 -
[1]
Ok, so the EBANK is nearing it's completion just waiting on our hosting company to solve some kind of problem we have encountered (LaVista could explain what the problem is). Anyway, pretty much all the coding is done, now I am prepping up for a board of directors.
The Board of Directors
The EBANK Board of Directors will be a small group of people (5-10) who all own a percentage of shares in the EBANK corporation. The corporation will only have the default 1000 shares available, therefore if 5 directors are chosen, 200 shares will be distributed to each director. As founder of the corporation I will be one of the directors, and I would like Hexxx to be one as well if he accepts the offer. All members of the board (depending on number chosen) will be responsible for:
* Attending board meetings to determine PHASE advancement as below
* Communicating via a private discussion forum or mailing list when changes or additions are requested
* Ensuring to the best of their abilities that the corporation is running at optimal levels to ensure profitability and risk mitigation.
* Assisting in determining suitable security candidates in the above risk mitigation example.
Let it be stressed that not all board members need to be forum warriors or people who run IPOÆs. People with a general business and operational sense, the availability to commit to the project, and the dedication to see the project succeed will be among the candidates for board seats.
Finally, board members will be paid a salary based on the returns that the EBANK receives. 1% of all profit generated from the EBANK will be paid in dividend to those board members each month. In some cases, board members will also be chosen to act as securities themselves on the EBANK, ensuring that the EBANK Managing Director is never in possession of questionable sums of money that may reduce customer confidence, or risk my running from the corporation with everything.
EBANK Growth Guidelines
For those who have not read my initial posts, the EBANK will expand in a checkpoint like style. To ensure profitability and risk mitigation, the following goalposts have been put into motion:
PHASE1
ò When total deposits in the corporation reach 15,000,000,000 (15 billion isk) the corporation will no longer allow customer deposits. Interest will continue to generate as per normal but all deposits beyond this point will be returned.
òWhen PHASE1 has been reached, the board of directors will be called upon to discuss security procedures within the EBANK. They will also peruse profit/loss information to ensure the corporation has been profitable, and will continue to be profitable during the next expansion.
òBrainstorming will also take place, along with information passing hands on ways to improve profitability and ensure the EBANK success.
òOnly a majority vote win with the board of directors will allow the corporation to expand into PHASE2.
PHASE2
òPHASE2 details will be determined by the board of directors and voted upon when the time comes to expand. The board will agree to an expansion level (if at all) and the EBANK will only proceed once a majority decision has been confirmed
If you feel you have what it takes to be on the board of directors, and feel you have the ability to help the EBANK become the most successful bank in Eve, then please don't hesitate to apply below.
Final Note: Being on the Board of Directors isn't putting your name down as a guarantor for the corporation in any way. It is a way to be an overseer of the corporation and to assist in the decision making of the corporation. In the event of a scam by myself, I will always be the one responsible and no liabilities will be on that of the directors.
In the event of a business failure, the director's may be questioned but would still hold no liability.
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Motivated Prophet
Zerodot Schools
Power Corrupts Industry's
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Posted - 2007.08.14 15:15:00 -
[2]
As someone who is quite thoroughly convinced that a bank is a bad idea on many different levels, I think I'd make the ideal nberskeptical director.
MP
--
Proud steward of 47 billion isk in public money, and counting. Ask me about mineral compression! |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 15:20:00 -
[3]
 Originally by: Motivated Prophet
As someone who is quite thoroughly convinced that a bank is a bad idea on many different levels, I think I'd make the ideal nberskeptical director.
MP
As long as you are willing to portray your reasoning in a board environment, and assist in offering solutions to issues you feel need addressing, I have no problem whatsoever having nberskeptical directors. You have been placed on the potential candidates list.
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Hexxx
Minmatar
ironwood ink
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Posted - 2007.08.14 15:20:00 -
[4]
I will accept the position on the Board of Directors and as an internal auditor.
I will also be auditing not just transactions and isk within the Bank, but the underlying source code of the Bank as well. I have experience in multiple programming languages and application security which will help me perform this duty. I will be working with any external auditors as well to help comply with any audits done by third-party.
Regards,
Hexxx
Hexxx LLP - Business Consulting Services - IPO's, Business Plans, Share/Stock Pricing, and general Consulting.
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Kazuo Ishiguro
House of Marbles
Zzz
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Posted - 2007.08.14 15:31:00 -
[5]
What sort of rate of return does this bank aim to provide? What sort of limits (if any) do you plan to place on withdrawals? Assuming that people trust you, what degree of risk are they likely to be exposed to through investing in this bank?
I'd like to take part in this, and although I can't join with this character, I could definitely provide an alt.
My research services
Spreadsheets: Top speed calculation - Halo Implant stats |
Meleil
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Posted - 2007.08.14 15:35:00 -
[6]
Edited by: Meleil on 14/08/2007 15:35:56
I would not hesitate to participate in this board of directors. The idea of a Eve bank intrigues me. There are many hurdles to jump first. I could be a responsible board member. If you so chose to accept me.
~Mel
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EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 15:41:00 -
[7]
Originally by: Kazuo Ishiguro
What sort of rate of return does this bank aim to provide? What sort of limits (if any) do you plan to place on withdrawals? Assuming that people trust you, what degree of risk are they likely to be exposed to through investing in this bank?
I'd like to take part in this, and although I can't join with this character, I could definitely provide an alt.
These queries are more geared towards the actual customer end of the EBANK, and not the corporate end. If you need more info (not completely finalised mind you) on what the EBANK plans to provide as a whole you can have a look here
A new piece of documentation detailing finalised information has been created but is still undergoing QA with our auditor, business analyst and coder. It will be available before launch date on the EBANK.
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SencneS
Amarr
Balsarferskratchin Inc
Axiom Empire
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Posted - 2007.08.14 18:13:00 -
[8]
As much as I would love to throw my name in the hat I fear other more qualified or at least better known people will apply and take precedence over someone like myself.
A word of advice though, 10 directors is not that great of an idea. The main reason is the more Directors the more opinions. Time and Time again has shown that too many opinions means nothing gets done, but too few means the project is narrow minded. Although this seems very supreme courtish, 7 is a pretty magical number in terms of boards.
Good luck, I'll be very interested in the Phase 1 part I may put my 100mil in there to show support for the cause like I did for the Mineral Reserve. I may even max out my account limit and shove 250mil. Nice to have a little emergency fund.
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Send ISK to SencneS for good Kama! |
Pang Grohl
Gallente
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Posted - 2007.08.14 18:29:00 -
[9]
I'm curious about the time requirements on a board member.
If it's not too time consuming I'd be glad to offer up an alt slot.
Si non adjuvas, noces
(If you're not helping, you're hurting) |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 19:03:00 -
[10]
Originally by: Pang Grohl
I'm curious about the time requirements on a board member.
If it's not too time consuming I'd be glad to offer up an alt slot.
Time requirements on a board member would be approximately 1-2 hours a fortnight, and an active participation in less live discussions like through a private forum or mailing list in or out of game.
Due to time zone complications it would be hard to assemble a boardroom with all directors at one time, but would basically try to get one as full as possible with logs sent to the remainder to continue discussions etc.
I don't think an alt slot will be necessary anyway, but I would want at least 1 person in the corp as a director as part of my 'hit by a bus' exit strategy to vote into CEO if I vanish.
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Shar Tegral
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Posted - 2007.08.14 20:03:00 -
[11]
I'm highly curious.
Not that I'm sure exactly in what capacity I might assist or what expertise I bring but I'm curious enough to commit time if you think I can be of use.
Quote:
The Eve-Online forums may not have invented whining, but they sure have perfected it.
Misanthropy: It's not just for Rednecks! |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 20:27:00 -
[12]
Most businesses and IPO's in Eve run as a single entity. Whilst I have created the EBANK as a single entity, I want prospective customers to know that decisions are being made by a group of people, not just one. While this will have a limited reduction in scam-potential (as the board cannot stop this leading up to the first checkpoint), I believe it will inject customer confidence in knowing that a lot of market minded people are behind the changes, choices in investments, and the likes. It isn't just one person deciding what to do with their money.
In a sense I would put it this way. The EBANK will have 4 areas of focus and coverage:
BOOK-KEEPING : This is where the auditor comes into play (Hexxx)
WEB DESIGN : This is where the coder comes into play (La Vista Vista)
SECURITY : This is where chosen trustee's come into play, chosen by the board
SUSTAINABILITY AND GROWTH : This is where the board come into play
I guess you could say as Managing Director I am at the top of the food chain, but the corporation will run in a way where a majority vote always wins. I encourage those who don't like the way the EBANK has been designed to come forth, sit on the board, and show me what you want in the service. If majority of the board agree, your decision is set in stone.
The board of directors are there to allow multiple input before the larger decisions are reached. At this early point in the EBANK career (just after launch), the first orders of business will be similar to the following:
* Deciding on best level of capital over deposits should be invested
* Deciding on which corporations should be invested into
* Determining if any market conditions are available to be used.
* Begin discussing services that need to be added after launch
(including things like the affiliates program, different bank account types, loans, etc)
The last point above will be an ongoing discussion where ideas may just be categorically listed in orders of preference, so work orders can be raised against them over time. Crucial additions like bugs or faults in the software will of course always be given priority.
So that's about it. Some may think it will be a lot of hard work but I don't believe this to be the case. The first month or so will be a little busy as things are getting on track, but it should stabilise after this period which is to be expected.
Director's won't need to be on hand 24/7. Meetings will be scheduled when the most directors are available with plenty of notice, and transcripts sent to those who are not.
If we feel as a whole that a shareholder is not participating at a suitable level, a corporate vote will be lodged, and the shareholder will be asked to return their shares if the vote succeeds to remove them. There will be ample warnings in advance however. At this point a new shareholder will be elected to take his place.
I hope this helps you make your decision. Once we have an ample level of candidates, Hexxx and I will begin sifting through applications and speaking with you via interviews/eve-mails etc if/where required.
Thank you all for your responses
Ricdic
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Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
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Posted - 2007.08.14 20:38:00 -
[13]
this sounds like a very thought out endeavour.
will directors be allowed to also act as trustees, or are these positions mutually exclusive?
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Hexxx
Minmatar
ironwood ink
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Posted - 2007.08.14 20:48:00 -
[14]
Originally by: Ezoran DuBlaidd
this sounds like a very thought out endeavour.
will directors be allowed to also act as trustees, or are these positions mutually exclusive?
Just as an aside, I've been asked a few times before to be involved directly in projects. It has never been worth it to me, due to the serious and obvious compromise to my independence and the introduction of a potential conflict of interest.
I think of this as not just a Bank, but more importantly, as a finacial service. My only concern so far is withdraw volume (1,000 account withdraws in a day is a very sobering thought).
I encourage people to talk to Ricdic about this if they're interested to find out more and get some of your questions answered. I spoke with him for a bit before I became convinced that joining this project would be worth it.
Hexxx LLP - Business Consulting Services - IPO's, Business Plans, Share/Stock Pricing, and general Consulting.
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EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.14 20:59:00 -
[15]
Originally by: Ezoran DuBlaidd
this sounds like a very thought out endeavour.
will directors be allowed to also act as trustees, or are these positions mutually exclusive?
If the board considers in a majority vote one of their own should be a trustee for a portion of isk, then it will be done. It is bound to happen sooner or later, as the bank could potentially at high amounts end up with 10+ trustee's. As an example, If I wanted to secure 5b of those assets when moving from a 15b cap to a 50b cap, I wouldn't have a problem with Hexxx taking security on that 5b. Obviously the rest of the board would need to agree.
So, there are only so many people in the game that one feels can be trusted, so it will be interesting to see what candidates the board picks out. There are plenty of regulars that will be on the list, likely starting with EGSE brokers who are already experienced in isk handling.
But I don't think I need to list who will be the likely names brought up for securing assets, we could probably all pick our top 20 trusted people and mostly have the same lists as each other. This will be a decision for the board as a whole anyway.
Bouncing back to your question, I was considering separating the two but I just don't believe there are enough people of both high quality business nature, and almost spotless reputation in Eve to fill both the board of directors and trustee roles exclusively.
Now, if there were a way to lockdown shares in corp wallet, then a major layer of security would be instantly added to the scenario, but I won't hold my breath for that change.
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Banni Vinda
EnfuRia
Confederation of Independent Corporations
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Posted - 2007.08.14 21:23:00 -
[16]
You know what, I'm gonna put my hand up for this one too. I may not be the most prolific poster on here, but I've been around a fair while. I've seen how things can go wrong with banks (having been burnt by EIB myself). However I think there is potential (and indeed a need) for banking services in this game. I'd also be looking at things from a software/security point-of-view. Being a professional software engineer, I'd like to offer my services as an extra line of support/advice/testing of the technology powering this.
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Anastasia Heron
Dark and Light inc.
D-L
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Posted - 2007.08.14 22:34:00 -
[17]
Ric,
I'd like to throw my hat in the ring for this, as well.
We've talked some about this project, and I hope I've come off as reasonably intelligent and competent. Irl, I'm 33, married, and work for "a global provider of voice and data telecommunications services". I'm 2 courses shy of finally earning my university degree in business. I lurk a lot here, even if I can't post from work.
I'd like to think I'd continue to be of assistance to you as a board member, but as I've said I'd enjoy any role you could find for me. After the disaster of EIB, I'm glad we've finally recovered to a point where this idea is again feasable.
I'd join with an alt, of course, but underneath her pretty eyes she's still me. :)
AH
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Entrepreuna
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Posted - 2007.08.15 01:11:00 -
[18]
About me:
-Real life Business Consultant
-Have a real understanding on how to make isk and how NOT to lose it.
- Have played eve off and on for 4 years and understand all aspects of the game.
- Have a multi billion isk business in eve.
- Likes to make as much isk as possible:)
- Expert trader
- Have founded and lead various corps in eve.
Send me a mail ingame if you are interested.
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Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
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Posted - 2007.08.15 01:36:00 -
[19]
i would LOVE to apply for a place on the board of grand poobahs; but i just enjoy calling liars by names like um "liar" way far too much to be able to hold a position in a bank. plus i'm like kinda noob, a forum alt (per ds), and um i suck at making isk and stuff.
but i honestly do think this will go grandly and can't wait for it to open~!! |
Dr Slurm
General Commodities
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Posted - 2007.08.15 01:51:00 -
[20]
You should have Alternate Board of Directors available also. The requirements would essentially be the same, but they would need to be around in case other board members couldn't make it to a Board of Directors meeting or if someone quit. Otherwise they wouldn't vote.
You also need to define what your quorum (min. attendance) is to have an official meeting.
Tired of the inane ramblings of the incompetent? Click here |
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EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
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Posted - 2007.08.15 05:20:00 -
[21]
Originally by: Dr Slurm
You should have Alternate Board of Directors available also. The requirements would essentially be the same, but they would need to be around in case other board members couldn't make it to a Board of Directors meeting or if someone quit. Otherwise they wouldn't vote.
You also need to define what your quorum (min. attendance) is to have an official meeting.
Some excellent pointers there. I quite like the idea of an alternate or backup board as it were. Let me discuss this with Hexxx and I will get the answer back to this thread. That's not to say that we cannot just create a main board of director's now, and have one of the board meetings run a vote to determine if an alternate board should be set up.
I don't mind the idea of having all board members chosen having the ability to pick someone to sit in their place in their absence. At least this way the board members chosen 'personal assistant' should have similar views to that of the director.
I would like to see at least 3-4 board members attend a meeting for it to take place, but with everything documented, it means discussions can still be expanded via correspondence being passed around.
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Dr Slurm
General Commodities
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Posted - 2007.08.15 06:17:00 -
[22]
Edited by: Dr Slurm on 15/08/2007 06:22:03
Well here's a little of my background:
I work at a Worker's Cooperative. I own part of it, one share to be exact. I have the same voting rights just as any other active member does.
We elect our Board of Directors (9 in regular, 3 alts) and they elect our President/Vice President. Terms are on a 3 year rotating schedule. This ensures that we don't loose our entire Board at once. The president sets the agenda for meetings. Resolutions must be adopted and seconded by a Board member to be on the table. Then they can be amended as needed (friendly or not) and further approved. If a Board member ever steps down an Alternate is seated in their place. If a Board member is missing a meeting an Alternate is also seated (for that meeting). This system encourages good attendance in the sense that someone else might be casting what was your vote in a manner you might not like.
The Board also has the power to form committee's that might advise the Board, permanent or ad hoc.
In one of my positions (not my main job) I am administrative assistant to the Board of Directors. I take care of all the paper work needed for meetings, I make postings, take minutes and a bunch of other stuff. I'm also on our Education Committee.
Voting alternates might not be necessary because of the voting system in EVE. You don't actually have to be present at the time to vote, but as far as meetings they are probably needed.
Our quorum is two thirds of the body. i.e. 6 of 9 need to be there for the meeting to be official. This makes it so one faction of a Board can't call a meeting by themselves. We also have a rule that the agenda must be posted 3 days before the meeting.
If you have any questions about the parliamentary I'd be happy to answer them.
//not real sure that is all coherent, it's late.
Tired of the inane ramblings of the incompetent? Click here |
Taikun
Gallente
Serenity Prime
Praesidium Libertatis
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Posted - 2007.08.15 07:40:00 -
[23]
Wow... a popularity contest for board directors.
I have 15 years banking experience,advised corporate boards, set up IPOs, dealt with company formation, hold 2 masters degrees, and author of post graduate thesis on Diverisity in Corporate Governance and NEVER saw a "apply within" system for electing a corporate board.
It's... juvenile IMO.
Ricdic. Do yourself a favour and approach directors of other successful and long standing eve investments and ask them first.
You will get their invested interest in success, access to their 'customers', their built up reputation and collective wisdom. Also... folks that are guarenteed to actually ENJOY this aspect of the game.
THAT is the real power in a board collective experience and wisdom. Not appointing a bunch of buffoons and idiots who know how to press the "reply to posts" link.
Good luck.
Taikun
-----------------------------------
For lack of a better word ladies and gentlemen... Greed is good. |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
|
Posted - 2007.08.15 08:32:00 -
[24]
Originally by: Taikun
Ricdic. Do yourself a favour and approach directors of other successful and long standing eve investments and ask them first.
Taikun
Well I would rather garnish interest rather than put people on the spot in-game. I tried offering it to a few people in-game but it has nowhere near the coverage of a forum post.
In RL the board of directors generally comprises of those companies who own majority shareholding in the corporation. Short of me issuing shares for EBANK, this cannot be replicated here. And I would have no real rthereason to issue shares in EBANK anyway.
I agree an 'apply within' procedure isn't a normal setup for a board of directors, but this is a game, and it has been proven countless times that the laws of real life cannot be used to govern Eve Online. Whilst in some cases they can be replicated as close as possible to RL, that's about as good as it gets.
So this invite is for people to come forward and express interest in becoming a board director. We will then contact those interested and do analysis on the candidate, to determine suitable people for the job.
Sure, I could have a board with all the well known players, but I don't think we need a board completely comprising of famous people or existing business owners only. Just looking at some of the applications above, there are some quality candidates out there, who wouldn't be even considered if it was only contacting the popular people.
Hell, I didn't even know you had that kind of experience, now that I know, you go onto the list of candidates. I guess the real question, is if you will drive the other directors nutty more than help the corporation 
So, I am taking your post as an application for a director position, please advise if you aren't actually interested in it. Your views (whilst sometimes batty) are unique and you generally have an ability to pick up on the little things that others miss or take for granted.
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Ray McCormack
hirr
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Posted - 2007.08.15 08:54:00 -
[25]
Originally by: EBANK Ricdic
So, I am taking your post as an application for a director position, please advise if you aren't actually interested in it.
Bring that person on as a Director and your venture looses all credibility.
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Taikun
Gallente
Serenity Prime
Praesidium Libertatis
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Posted - 2007.08.15 09:02:00 -
[26]
Originally by: EBANK Ricdic
Hell, I didn't even know you had that kind of experience, now that I know, you go onto the list of candidates. I guess the real question, is if you will drive the other directors nutty more than help the corporation
You would hurt your operations by having me named in them, more than any advice I could offer.
I enjoy the freedom of opinion rather than protecting the reputation of assets I could be involved with. Please do not consider me.
Taikun
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For lack of a better word ladies and gentlemen... Greed is good. |
Blazing Fire
Interstellar Operations Incorporated
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Posted - 2007.08.15 13:11:00 -
[27]
I want to apply for a position in the Board.
I have expirence in EVE industry and trading, plus some programming skills.
I am willing to contribute to the creation of the first real EVE bank.
Blazing Fire
CEO
Interstellar Operations Incorporated
Corp web site
Recruting
Services
[Service] Killboard hosting
[Service] Forum hosting
[Service] Web site hosting
[Service] Obelisk loaning
[Service] Alliance Creation
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Shar Tegral
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Posted - 2007.08.15 13:27:00 -
[28]
Originally by: Taikun
Ricdic. Do yourself a favour and approach directors of other successful and long standing eve investments and ask them first.Taikun
Originally by: EBANK Ricdic
Well I would rather garnish interest rather than put people on the spot in-game. I tried offering it to a few people in-game but it has nowhere near the coverage of a forum post.
Actually it was from Ricdic's posting that I first met him. When he was starting his lab ventures I had some mobile labs gathering dust in a hangar somewhere and I offered them to him to help him get started, No charge. He had already acquired what he needed so my offer wasn't necessary but I liked his enthusiasm, his delivery, and simply I just wanted to help someone start something worthwhile. Besides I knew the venture would be successful. I wanted to do something similar myself but the truth is that if I did it I'd have people joining in just to locate targets to shoot at. (I'm not very well loved as I'm sure many of you have noticed.) And I look at where he is today and I'm just glad that he and I share this memory. One where I am someone who is not a kiss ass, or hemorrhoid, just because Ricdic he has succeeded.
Quote:
The Eve-Online forums may not have invented whining, but they sure have perfected it.
Misanthropy: It's not just for Rednecks! |
SencneS
Amarr
Balsarferskratchin Inc
Axiom Empire
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Posted - 2007.08.15 13:42:00 -
[29]
Edited by: SencneS on 15/08/2007 13:44:11
I didn't think I would post again on this thread but I wanted to make a comment about "Apply within"
There is a lot to be said for people who actually want the job rather then asking people who you would ask and they take it because they see it's an opportunity. Even with best intension's people you ask already have the mindset that "I'm needed!" This can be a bad situation for a board that is expected to basically control the growth of the bank. Also in heated discussion the words "You asked me to join" may come up.
You most certainly don't want people on the board that feel like they are doing you a favor by being there. A person who wants this particular job wants it for experience, feeling like their part of something bigger, want to see a bank succeed in eve etc. Most likely these people will do anything to make it happen. If the popular and well respected person wants in on the board they will "Apply within."
This wasn't a "First come first on" type of "employment" and I doubt Ricdic is really looking for people who are ultra popular either. Too much popularity may have the board always doing what that person says purely because they trust that person undeniably and believe their words are golden. Ultra popular people are leaders first and foremost so keep that in mind when selecting the board, and if you do have several celebrates on the board make sure you have their "Nemesis" on there as well.
Picking people for a task like this really comes down to who actually wants the job and wants to see the bank succeed rather then asking people you would like on the board. Common sense is next, don't go hiring some newbie with great enthusiasm, people still need to trust the bank even if they are not ultra popular.
Only when you have run out of trustworthy or at least semi-known people do you go to the ones that you want and ask.
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Send ISK to SencneS for good Kama! |
YunFu Yan
Yan Enterprises
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Posted - 2007.08.15 15:51:00 -
[30]
This looks like a very thought out venture. And I am wondering if despite of my lack of public reputation I should apply as a director.
In RL I am currently studdying computer science with a focus on econmics. (2 semesters to go) In Eve I run Yan Enterprices, a successful trading company owned by private investors and nettoing >20bil isk.
Aspects of my current education are:
software development
development of websites and web applications
database administration
project management
process management
auditing and accounting
marketing
I founded Yan Enterprises as a 'playground' to experiment on during the practical parts of my economics studies. Initial funding was 2bil isk (outside investment) but the corporation grew rapidly and would still be growing if I had more time to play Eve.
This leads to an important point: How much time to you expect directors to invest? (Just board meetings and such.)
Also, how much are directors expected to invest?
If you'd like to talk to me ingame look for one of the following characters: YunFu Yan, YenLi Yan or Umi Ushiga.
Yan Enterprises - We mean business. |
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Jacques Archambault
Forum Moderator
Interstellar Services Department
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Posted - 2007.08.15 17:17:00 -
[31]
Thread cleaned - please keep your replies polite and on-topic.
-Jacques
forum rules | mods@ccpgames.com | Our Website!
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Taikun
Gallente
Serenity Prime
Praesidium Libertatis
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Posted - 2007.08.16 07:04:00 -
[32]
Edited by: Taikun on 16/08/2007 07:09:04
Originally by: Pang Grohl
I'm a little confused about your popularity contest statement.
It was slightly tounge in cheek.
The main thrust of my post was to suggest that approaching selected individuals with a proven track record of performance acting in this capacity first would be best. The benefits of doing so are more profound than what ultimately amounts to a 'popularity' contest in open forum posts. (IMO of course)
Ricdic will get his talent pool that is no question. The criteria and workload for direcrtorship is miniscule in this game compared to R/L. I was a little surprised about the process. That's all.
Originally by: Pang Grohl
Here in EVE, specifically this venture, board members are volunteers.
As for director being volunteers. I think you will find Ricdic said something about compensation so this is a paid role people are putting their name forward for.
Not that it is a bad thing, but it may change the 'motives' of individuals putting their names in the hat. I know in RL directors get paid, but in all reality it is a token sum compared to their net worth, or capacity to earn in another role.
Although compensation isn't all the big of a deal when compared to getting the right people in the role. To be, it isn't a open casting call... it is seeking out those who have a proven track record of success, excellent reputation, good understanding of the type of venture you want to do, and most importantly... somebody interested in being involved beyond the scope of ISK.
Taikun
-----------------------------------
For lack of a better word ladies and gentlemen... Greed is good. |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
|
Posted - 2007.08.16 10:48:00 -
[33]
Hexxx and I have been in deliberations over the past 24 hours or so regarding the kind of directors we are after. Firstly, we want all directors to see the EBANK as a corporation that can do great things. It really is what is driving us. I think it goes beyond the value of isk, as Taikun has pointed out above. We want to bring a whole new level to the financial sector in Eve, and attempt to mold public corporations and services into an integrated system. It will be a considerable amount of work, but the rewards (non financial) are something we are really getting into this project for.
When desiging our shortlist (which has already been decided for those who have posted thus far) we want people across a range of roles and fields. We don't want 5 financial analysts, or 5 market leaders. We want our directors to cover different areas in the sector to attempt to diversify and bring new structure to the Board of Directors.
Over the next 48 hours we will be conducting interviews with those on the shortlist, and then deciding on the final cut. The Board will consist of 5 members in total, and we are still determining if an alternate board will be selected by us, or by those existing board members, to act in their absence, or take their place if they decide to leave the board.
For those who aren't selected, please remember that we are selecting people based on diverse areas (that will be shown when the final group are listed) and not necessarily our belief that you cannot fulfil the role.
Thank you for your time,
EBANK Ricdic
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Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.08.16 12:47:00 -
[34]
yaaay, the bank will soon open, or something!
go elf go! |
WhoreMonger
ShipYards Inc
|
Posted - 2007.08.16 13:24:00 -
[35]
I'm interested. LaVista Vista knows of me 
As the cap market is in a slow down phase at the moment I'm finding myself twiddling my thumbs a little and need something else to eat up my time.
Cheers
W
n.
A *****master.
ShipYards Inc AlmostTM Everything Capital |
Lianda Emerand
Gallente
Emerand Trading Corp
|
Posted - 2007.08.16 15:19:00 -
[36]
I'm interested.
Creating a working bank is an interesting project that i'd love to take part in.
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Quadria
Gallente
Freelancers Inc. Research Division
United Manufacturing and Technology Alliance
|
Posted - 2007.08.16 16:45:00 -
[37]
I have an ALT that can help with this.
My alt Naki Uesugi is specialized in Trade.
just over 3mil Skillpoints in this field.
Now training up her Wholesale to 5 then start on tycoon.
This can help with placing those buy orders and saving
on the brokers tax and transaction taxes.
Grtz
QUadria
|
Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.08.16 16:49:00 -
[38]
i'd like to run a branch office that specializes in bookmaking and elfing. |
EBANK Ricdic
Eve-Tech Savings n Loans
Zzz
|
Posted - 2007.08.16 17:13:00 -
[39]
Guys, I don't need your alts.
I want to know why you want to be a part of the EBANK.
I want to know what you hope to gain from the position.
I want to know why you think you should be considered above others.
I want to know what skills you think you can bring to the table.
I want to know what kind of RL or in-game history you have had relevant to this situation.
I don't need to know what skills you are training as chances are the bank may never purchase single market item. If it came to a point where we begun using the market, then I would put out a cattle call. The Board of Director's don't even need an alt in the corporation (well, atm one does for my exit strategy).
Hope this helps, you guys seemed to be going down a road I didn't like. Just saying "Pick me" won't cut it. It's not so bad for people I know, but for randoms, chances are you won't even get an evemail, as the way I see it, if you can't be bothered trying to show who you are, I don't expect you to perform at all well on the EBANK Board of Directors.
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SencneS
Amarr
Balsarferskratchin Inc
Axiom Empire
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Posted - 2007.08.16 17:14:00 -
[40]
Everyone jumps out of the wood work when Ricdic said he has his short list.
Can I reserve one of the 60 people you will allow in Phase 1. :)
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Send ISK to SencneS for good Kama! |
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Jon Asus
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Posted - 2007.08.16 18:09:00 -
[41]
Quote:
I want to know why you want to be a part of the EBANK.
Because it sounds like something I'd try to set-up if I could.
Quote:
I want to know what you hope to gain from the position.
Better understanding of the finacial world of Eve
Quote:
I want to know why you think you should be considered above others.
Because I'm not a multi-billionaire, and therefore can represent the small investors in such a venture.
Quote:
I want to know what skills you think you can bring to the table.
I'm an idea generator and adertiser.
Quote:
I want to know what kind of RL or in-game history you have had relevant to this situation.
None really, apart from being very cynical in general.
 |
Shar Tegral
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Posted - 2007.08.16 19:01:00 -
[42]
I tried working with the other questions but the truth is that my answers would've been either cliche or trite. So I decided to answer the two questions I could answer properly and leave the others behind. Originally by: EBANK Ricdic
I want to know why you want to be a part of the EBANK.
Because it has been a long time since I have been part of such a public/community project and alot of satisfaction can be gained from being involved in such. Originally by: EBANK Ricdic
I want to know why you think you should be considered above others.
Even though there is a great level of credibility attributed to many of the applicants none has the history of honesty, brutal even, that I have. The board of directors that is selected will not only be a guiding force behind this project but it will also be what the investors (customers) look at for confidence. I think that I would bring a great deal of confidence (even greater than your own reputation) to this project ... mostly because of my honesty and history. Then there is the time factor, the ministry makes no huge demands so the nature of my real life allows me a lot of time for Eve. I can commit to a greater level of involvement due to that. However, in closing, I dislike this last question. I have ego enough to think myself better than others but .... well to be quite honest there are quite a number of people on the list that I am loathe to say I am better than because they are quite excellent.
Quote:
The Eve-Online forums may not have invented whining, but they sure have perfected it.
Misanthropy: It's not just for Rednecks! |
Tychus
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Posted - 2007.08.16 19:04:00 -
[43]
/me waves application and closes 1 eye....
Yaaarrrrrr?
T
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Johnny ReeRee
The ReeRee Brigade
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Posted - 2007.08.16 19:50:00 -
[44]
Originally by: Taikun
Wow... a popularity contest for board directors.
I have 15 years banking experience,advised corporate boards, set up IPOs, dealt with company formation, hold 2 masters degrees, and author of post graduate thesis on Diverisity in Corporate Governance and NEVER saw a "apply within" system for electing a corporate board.
It's... juvenile IMO.
Ricdic. Do yourself a favour and approach directors of other successful and long standing eve investments and ask them first.
You will get their invested interest in success, access to their 'customers', their built up reputation and collective wisdom. Also... folks that are guarenteed to actually ENJOY this aspect of the game.
THAT is the real power in a board collective experience and wisdom. Not appointing a bunch of buffoons and idiots who know how to press the "reply to posts" link.
Good luck.
Taikun
How can someone who claims to have this sort of experience in RL be so completely immature in game?
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Ezoran DuBlaidd
Rivers Enterprises
Power Corrupts Industry's
|
Posted - 2007.08.16 19:58:00 -
[45]
Originally by: Johnny ReeRee
How can someone who claims to have this sort of experience in RL be so completely immature in game?
games are to have fun, elf. |
Matrix3000
Caldari
Shadow Of The Light
R i s e
|
Posted - 2007.08.20 10:15:00 -
[46]
I offer what ever i can to help you. I sit on my butt all day and play eve. I watch what goes on in the world of EVE way to much
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Ricdic
Caldari
Corporate Research And Production Pty Ltd
Zzz
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