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EBANK Ricdic
Eve-Tech Savings n Loans Zzz
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Posted - 2007.08.23 19:42:00 -
[1]
Good day folks, another EBANK statement here,
Firstly, I would like to thank our applicants. A decent amount replied to our recruitment thread, but quite a few sent correspondence regarding the position. Basically we had a list of approximately 20 applications that skimmed down to approximately 13 based on our assessments on the character and their ability to fit a chosen role.
Those 13 remaining shortlist candidates were advised to send an email to a dedicated email address with their contact details so we could send out questionnaires. The vast majority of these 13 sent back some superb responses.
We had a good idea of who we wanted from the chosen 13 before sending out the questionnaire and didn't expect this to change, but the quality of the responses definetly did change the lineup.
So, we were looking for people who met all or a good portion of the following requirements.
1) Game and market/business knowledge 2) Longetivety in-game 3) Enthusiasm 4) Historical Performance (of more public figures at least) 5) Ability to fit an individual role 6) Consistency 7) Ability to work as a team
There were other aspects we looked for in applicants as well.
Now, the questions asked of those who were shortlisted are as follows:
1.) If you were on the Board, what issues would you advocate?
2.) What do you believe the biggest issues/challenges with running EBANK are?
3.) Would you be able to commit to serving on the board, attending meetings, and making meaningful contributions to discussions wherever possible?
4.) Could you provide a brief description of yourself for use on our ôAbout Usö page at www.eve-bank.net. To give an idea of the spacing we want to fill, have a look here: http://www.eve-bank.net/BoardOfDirectors.aspx
5.) What do you feel will be the biggest challenge in the successful running of the EBANK?
6.) Of the knowledge you possess of the EBANK at this stage, if you could pick one major feature change, addition, replacement or removal, what would it be?
Now, there was no real correct answer to most of these questions. Things like Q1,Q2,Q5 we wanted our applicants to show why they were going into this board position. Not to agree with my decisions, but to show their own beliefs and perceptions of the EBANK.
Answers to Q6, were extremely varied and superb. Basically Q6 would be the kind of question that would come up in a board meeting so we wanted to see what the members would like to do with the corporation.
Without even hosting a board meeting, Hexxx and I were shooting expansions on those ideas at each other for quite a while, there really were some great suggestions.
So, when picking the final cut we wanted to ensure a relatively diverse Board of Director's to try and ensure we could cover as many aspects as possible of the game throughout the EBANK, without going too crazy of course.
To those who didn't make the positions, I want to thank you for applying, your applications have been archived and will be revisited if the Board requires further growth or members need replacing etc.
After a lot of consideration we decided to go with a 7 member board, along with 2 alternatives. The 7 members are the ones who receive voting shares (which also pay a 1% of net profit per month dividend). The alternatives can still sit on the board, and participate in all board related discussions and functions, but don't have a voting seat or get paid a dividend.
With LaVista Vista being our dedicated coder, he is also authorised to sit on the board and listen in, so he can add input on his areas when required. His salary is equivalent to that of each board member at this point, and may change in the future if we don't feel it covers the workload he commits to completing.
The following post will list the board members that have been chosen, as well as a brief description on our reasoning for choosing them.
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EBANK Ricdic
Eve-Tech Savings n Loans Zzz
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Posted - 2007.08.23 20:27:00 -
[2]
EBANK Board of Directors:
EBANK Ricdic- No surprise here. Ricdic is the Managing Director and founder of the EBANK. Ricdic has precisely the same voting and decision making abilities as a normal director, but will have a board decided salary once bank operations commence.
Hexxx- As has already been mentioned, Hexxx has been brought in as a member of the board. We are pleased to have him with us, as his business consulting skills, auditing, and coding skills will come of great use in current and future endeavors.
Shar Tegral- Shar Tegral was someone we wanted from the start. Shar is well known in the business world, and has no IPO related commitments at this point in time. He has some coding skills that may assist the corporation at some point, but his strengths will be in ensuring full disclosure of corporate activities are in place, and ensuring the 'sheep' aspect of a board does not occur (everyone follow the leader).
Anastasia Heron- I have spent plenty of time talking to Anastasia over time, and he(she?) has always come across as highly enthusiastic especially in regards to the EBANK project. He has some truly superb ideas, and follows the same levels of excitement towards the EBANK as Hexxx and I do. I believe Anastasia will bring great things to the EBANK, and although Hexxx hadn't heard of him at first, he was sold the second those application, questionnaire, and update emails were read.
Banni Vindi- Banni has been playing Eve since 2004, and actively works in the investment areas of Eve Online. He has shares and knowledge in many public ventures, and has a lot of great ideas pertaining to security, advertising, and marketing of the EBANK product throughout Eve (not just to the 10 people who read market discussions)
W***emonger- Ok sure, a terrible name, but WM for short will be heavily focused on profit generation within the EBANK. As a successful capital and normal ship producer who has been in game a few years now, and has a decent amount of free time, WM will make a great addition to the EBANK Board of Director's.
TornSoul- TornSoul is probably one of the most well known names in Eve. Having played Eve since 2002, and currently the CEO and founder of one of the most successful corporation/alliances in Eve (BIG), he has run such ventures as BMBE, and a lot of Eve Lotteries. Tornsoul is heavily trusted by his peers and has been in possession of phenomenal sums of funds in his time. TornSoul will provide valuable assistance in various areas including the marketing of the EBANK most notably to those outside of this forum pool through his various existing ventures and the likes.
The EBANK Alternative Board of Directors
Pang Grohl- Pang Grohl has been playing Eve for quite some time now, dabbling in various enterprises, and most recently forum wh@ring. Pang Grohl is a strong advocator of the integration of seamless systems within third party affiliates and the likes (such as EGSE, RESX etc). He also has an interest in the implementation of CD's or longer term savings accounts and the likes.
SencneS- SencneS was unknown to me before his application, and barely made the shortlist. Hexxx and I were quite pleased to see the results from his questionnaire. He has been playing Eve for 2 years now and placed into director roles with 2 of the large corporations he has been a part of. The questionnaire highlighted a lot of interest that SencneS had in the EBANK, and a lot of immediate and great suggestions for improving the existing product. If I had to categorise him based on results from the questionnaire I would suggest he will be focused on customer relations.
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Dr Slurm
General Commodities
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Posted - 2007.08.23 21:39:00 -
[3]
Gratz guys. It will be very interesting to see this develop. Tired of the inane ramblings of the incompetent? Click here |
Icarus Carlyle
Gallente Streel Corporation
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Posted - 2007.08.23 22:45:00 -
[4]
Edited by: Icarus Carlyle on 23/08/2007 22:45:49 Congrats to those chosen.
Now hopefully my next question will not be taken too badly but it is something that immediately came to mind. The concern is Tornsoul, again not a bad choice, but what ties if any does he still have to BMBE? Would there possibly be a conflict of interest since it was mentioned that the EBANK may get into making loans at some point?
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EBANK Ricdic
Eve-Tech Savings n Loans Zzz
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Posted - 2007.08.23 22:53:00 -
[5]
Originally by: Icarus Carlyle Edited by: Icarus Carlyle on 23/08/2007 22:45:49 Congrats to those chosen.
Now hopefully my next question will not be taken too badly but it is something that immediately came to mind. The concern is Tornsoul, again not a bad choice, but what ties if any does he still have to BMBE? Would there possibly be a conflict of interest since it was mentioned that the EBANK may get into making loans at some point?
TornSoul would be best to answer this question, but loans through the EBANK won't be available at least in the near future. Anyway I think there are plenty of fish in the sea, and the EBANK business model isn't and won't be dependent on loans to keep it afloat. It is a good question and one I didn't think of asking myself when he applied for a position on the board.
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SexxxSlave
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Posted - 2007.08.23 23:14:00 -
[6]
ok not to sound like a fool here. But what exactly does this mean for anyone in eve? All i see is a well constructed post on how you appointed officers/members in your corp. I dont see how or why this belongs on the Market Discussion forums...
Can you present us with what exactly there is market related in this? Tell us about yourselves, what you do???? |
Shar Tegral
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Posted - 2007.08.23 23:15:00 -
[7]
Originally by: Icarus Carlyle The concern is Tornsoul, again not a bad choice, but what ties if any does he still have to BMBE? Would there possibly be a conflict of interest since it was mentioned that the EBANK may get into making loans at some point?
I'll be frank, as always, but when I found out that Tornsoul was also under consideration my first thought was all about BMBE. Mostly surrounding a lot of the angst that has developed for many whenever you mention him or BMBE. As for TS's ethics and ability to refrain from conflict's of interest; Never a concern in my mind. I've been around about as long as TS and I've been able to watch every transformation that TS (& BIG) have gone through. Some public ones and some not so public. Never have I found any reason to doubt TS's ethics. Diligence, dedication, and commitment... well I understand some of the demons that can plague a person irl and I will admit to some level of sadness on my part regarding TS's batch of demons. Mostly sad that he has them, somewhat sad that I can't help, and then there's the sad that the time and reputation he's lost while struggling with them. But he does return, somewhat apologetic but appropriately private about discussing his absences, but come back he does and goes right back to his given projects with that diligence we expect. But I state emphatically, as always, that I trust Tornsoul's character and intellect. I've had the pleasure of seeing both many a day and I've yet to be disappointed.
It's A GIRL!!!!! |
Shar Tegral
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Posted - 2007.08.23 23:16:00 -
[8]
Originally by: SexxxSlave Can you present us with what exactly there is market related in this? Tell us about yourselves, what you do????
Instead of doing your research for you perhaps you may want to read this forum instead of just jumping in at the deep end. It may spare you more embarrassing moments.
It's A GIRL!!!!! |
EBANK Ricdic
Eve-Tech Savings n Loans Zzz
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Posted - 2007.08.23 23:23:00 -
[9]
Originally by: SexxxSlave ok not to sound like a fool here. But what exactly does this mean for anyone in eve? All i see is a well constructed post on how you appointed officers/members in your corp. I dont see how or why this belongs on the Market Discussion forums...
Can you present us with what exactly there is market related in this? Tell us about yourselves, what you do????
We have a new forum warrior?
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Pang Grohl
Gallente Sudo Corp
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Posted - 2007.08.23 23:43:00 -
[10]
Well then, that's certainly some exalted company I find myself in.
I'm looking forward to some interesting and possible invigorating discussions from the board. Si non adjuvas, noces (If you're not helping, you're hurting) WTS/WTB forums got a reprieve, so no ads |
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SencneS
Amarr Balsarferskratchin Inc Axiom Empire
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Posted - 2007.08.24 01:27:00 -
[11]
I too feel under dressed for the party
When I got received the questionnaire I was both surprised and honored at the same time. I will do my best to help make EBank the premiere bank in EvE.
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And that's my 2 ISK |
WhoreMonger
ShipYards Inc
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Posted - 2007.08.24 07:25:00 -
[12]
Thanks for giving me the opportunity to sit on the BoD (I love acronyms)
Hi to the fellow board members but more importantly HI! to anyone out there thinking of investing their Isk. I'm 100% certain it'll be safe and will generate the predicted returns no problem.
W
n. A *****master. ShipYards Inc AlmostTM Everything Capital |
Banni Vinda
EnfuRia Confederation of Independent Corporations
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Posted - 2007.08.24 11:35:00 -
[13]
Thanks to Ricdic and Hexxx for picking me to become part of the board. I'm looking forward to working with the rest of the team, and to making the EBANK a success.
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Taikun
Gallente Serenity Prime Praesidium Libertatis
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Posted - 2007.08.24 13:04:00 -
[14]
Originally by: EBANK Ricdic Shar Tegral- *snip* but his strengths will be in ensuring full disclosure of corporate activities are in place, and ensuring the 'sheep' aspect of a board does not occur (everyone follow the leader).
The term you are struggling with is 'groupthink', popularly coined in the 70's by Irving Janis.
It would behoove any board to familierise themselves with the concept as those who consider themselves immune from it, tend to suffer from it the greatest.
Taikun -----------------------------------
For lack of a better word ladies and gentlemen... Greed is good. |
EBANK Ricdic
Eve-Tech Savings n Loans Zzz
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Posted - 2007.08.24 13:20:00 -
[15]
I like my word better
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Hexxx
Minmatar ironwood ink
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Posted - 2007.08.24 13:44:00 -
[16]
Originally by: Taikun
Originally by: EBANK Ricdic Shar Tegral- *snip* but his strengths will be in ensuring full disclosure of corporate activities are in place, and ensuring the 'sheep' aspect of a board does not occur (everyone follow the leader).
The term you are struggling with is 'groupthink', popularly coined in the 70's by Irving Janis.
It would behoove any board to familierise themselves with the concept as those who consider themselves immune from it, tend to suffer from it the greatest.
Taikun
I can try and offer some additional assurance here.
I currently work for the largest professional services Firm in the world, the leader of the "Big 4" Accounting Firms within the US. My area is within advisory services, and I serve as an advisor to our clients. IT Process improvement, regulatory compliance, and business processes in general are all very familiar territory for me. All staff, managers, and partners within advisory services are trained to avoid group-think.
The profitability of our business depends on it.
These same principles that I apply in the real-world, I also apply to EVE to the extent that I am able to.
Hexxx LLP - Business Consulting Services - IPO's, Business Plans, Share/Stock Pricing, and general Consulting.
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TornSoul
BIG
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Posted - 2007.08.24 18:36:00 -
[17]
Glad to be aboard.
Like Ricdic my main motivation for getting involved in these kind of things is to create "new stuff", to go to the corners and other unexplored areas of this BIG sandbox we're all playing in.
The above should go halfways adressing the below concern :
Originally by: Icarus Carlyle
Now hopefully my next question will not be taken too badly but it is something that immediately came to mind. The concern is Tornsoul, again not a bad choice, but what ties if any does he still have to BMBE? Would there possibly be a conflict of interest since it was mentioned that the EBANK may get into making loans at some point?
The other half is:
I strongly believe in competition : What doesnt kill you makes you stronger.
I also belive in co-operation. My "motto" is in fact : "The whole is greater than the sum of the parts."
These two might seem at odd's with each other - and thus the idea of a conflict of interest naturally arises.
However : If two "competitors", instead become "partners" (in the loosest sense of the word) each can help each other become better (learn from each other), and ideally each can/should specialize in (more or less) non-overlapping areas (in the specialized sense) Then you end up with synergy. Which is a rocket that's near impossible to stop again, once it gets going.
This is what I will try to make happen (if/when the day comes, when EBANK branches into loan giving).
Can I not achieve this (should the rest of the BoD have different ideas), I will have to make a choice. And I'll make it.
I honestly doubt it would come to that though - As both BMBE and EBANK would have much more to gain by bettering each other as described above.
Time will tell.
BIG Lottery [url |
Taikun
Gallente Serenity Prime Praesidium Libertatis
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Posted - 2007.08.24 18:49:00 -
[18]
Edited by: Taikun on 24/08/2007 18:49:47
Originally by: Hexxx I can try and offer some additional assurance here.
Heh.
I dont need assurances. I was just helping Ricdic to consider using the term 'groupthink' rather than comparing ya'll to sheep.
I am sure you will banty about the 15 billion with a minimum of professionalism. You'd all have to be a complete muppet to screw up investment in this game.
Taikun -----------------------------------
For lack of a better word ladies and gentlemen... Greed is good. |
Icarus Carlyle
Gallente Streel Corporation
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Posted - 2007.08.24 19:04:00 -
[19]
Originally by: TornSoul Glad to be aboard.
Like Ricdic my main motivation for getting involved in these kind of things is to create "new stuff", to go to the corners and other unexplored areas of this BIG sandbox we're all playing in.
The above should go halfways adressing the below concern :
Originally by: Icarus Carlyle
Now hopefully my next question will not be taken too badly but it is something that immediately came to mind. The concern is Tornsoul, again not a bad choice, but what ties if any does he still have to BMBE? Would there possibly be a conflict of interest since it was mentioned that the EBANK may get into making loans at some point?
The other half is:
I strongly believe in competition : What doesnt kill you makes you stronger.
I also belive in co-operation. My "motto" is in fact : "The whole is greater than the sum of the parts."
These two might seem at odd's with each other - and thus the idea of a conflict of interest naturally arises.
However : If two "competitors", instead become "partners" (in the loosest sense of the word) each can help each other become better (learn from each other), and ideally each can/should specialize in (more or less) non-overlapping areas (in the specialized sense) Then you end up with synergy. Which is a rocket that's near impossible to stop again, once it gets going.
This is what I will try to make happen (if/when the day comes, when EBANK branches into loan giving).
Can I not achieve this (should the rest of the BoD have different ideas), I will have to make a choice. And I'll make it.
I honestly doubt it would come to that though - As both BMBE and EBANK would have much more to gain by bettering each other as described above.
Time will tell.
I don't necessarily disagree with you I just wanted to point out that it "could" be a conflict of interest that should be at least brought up. In fact, in one of my posts on the early discussion of the EBANK I mentioned it partnering with BMBE to use funds with BMBE's short term bonds Link to help pay for interest on deposits.
Congratulations and good luck.
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Ray McCormack
hirr
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Posted - 2007.08.24 23:34:00 -
[20]
Originally by: Taikun You'd all have to be a complete muppet to screw up forum trust in this game.
Ah, nevermid.
I have been a member of this community for over 4 years and resent being lied to. |
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Ricdic
Caldari Corporate Research And Production Pty Ltd Zzz
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Posted - 2007.08.25 02:25:00 -
[21]
Originally by: Icarus Carlyle
I don't necessarily disagree with you I just wanted to point out that it "could" be a conflict of interest that should be at least brought up. In fact, in one of my posts on the early discussion of the EBANK I mentioned it partnering with BMBE to use funds with BMBE's short term bonds Link to help pay for interest on deposits.
Congratulations and good luck.
That's right, but is only the tip of the iceberg.
* The ability to one day request a loan from BMBE whilst using the funds in your EBANK as collateral,
* The ability to perform in a BIG lottery hosted by TS without even needing to log into Eve to send the funds.
Whether these, or countless other possibilities arise is to be determined, but the fact that it is something that will be possible, the goals Hexxx and I had at creation, were to provide the missing link between those hundreds of services in Eve.
The EBANK could be a trustee, a 3rd party holding service, a place to buy cheap (affiliates), a place to sell cheap, a way to manage your in-game finances out-of-game, etc.
Open up your minds to the number of variations that can be achieved once this final link is in place. Anything is possible
I sound like some morpheus wanna-be from Matrix. I will STFU now!
Need Empire Research Slots. Click here |
Anastasia Heron
Dark and Light inc. D-L
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Posted - 2007.08.27 04:14:00 -
[22]
Hey. Just wanted to quickly post and say that I'm honored as well to be a part of this group. There are some good minds here and I'm looking forward to the success of the bank.
I don't post much here but I read obsessively.. I can get to a forum mirror site at work, which is good, though some of the people who depend on me for data at work might think otherwise. :)
This will be my first foray into the world of EVE high-finance. I'm the proud steward of nobody else's money but my own, and while I don't bury it in the ground, I'd like to talk to the two servants who doubled their money and learn a few things from them. Which brings me back to a reason I'm glad to be a part of the Bank. :)
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