Kyle
For those of you old enough to remember, back before 9/11 Cantor Fitzgerald was the outfit behind a virtual stock exchange called HSX. HSX stood for Hollywood Stock Exchange and it was one of the first virtual stock exchanges that allowed users to buy and sell celebrities, movies and movie options. Unfortunately after 9/11 and the loss that Cantor Fitzgerald had in the tragedy, HSX faded. It was revived for a short time but not the same way.
Houston Startup Sports Tradex has revived the model except instead of Hollywood it’s all about sports. Sports Tradex gets to the core of the fantasy sports lover with a financial background. It’s the ultimate place to go if you like to armchair quarterback sports and the stock market.
Sports Tradex really heats up when it’s game time. The market stays open throughout a sporting event so traders can trade in real time.
Sports Tradex is the brain child of co-founders Ben Lipson and Omri Buzi, both entrepreneurs. Lipson’s first entrepreneurial experience was actually a root beer company while Buzi has a more traditional background in web development.
We got a chance to talk with Lipson in the interview below:
Read More…