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RotoHog
RotoHog was the consumer facing fantasy sports website for Fastpoint Games, a digital platform developer that designed, implemented and marketed fantasy services for media and advertising partners. The company developed and managed fantasy sports games for media companies, sports brands, and professional sports leagues, which were often co-branded. Their signature game was a fantasy draft game with a stock market-style trading floor for baseball, basketball, American football, and Association Football (soccer). The company also offered traditional commissioner and pick-em style fantasy sports games. RotoHog also branched out to entertainment games with the Rose Ceremony game for the reality TV show '' The Bachelor'' and the ''Us Weekly'' Celebrity Fantasy League. Fantasy Game Platform RotoHog was also the provider of nba.com's NBA Stock Exchange and commissioner games and Brazilian media company Grupo RBS's first ever Fantasy Soccer game. In 2009, RotoHog began to provide g ...
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Kent Smetters
Kent Smetters is an academic, entrepreneur, and former government official. Early years Smetters was raised in Ohio. He received his bachelor's degrees in economics and computer science from the Ohio State University in 1990, and master's and PhD degrees in economics from Harvard University in 1992 and 1995 respectively. Career Academics Smetters is a professor of insurance and risk management at the University of Pennsylvania's Wharton School and the Joseph E. and Ruth E. Boettner Professor of Financial Gerontology. Financial gerontology is the study of aging and related financial and business impacts, applying the functionality of gerontology to the concepts of financial planning. Smetters has written on government debt and Social Security policy and has a strong interest in financial planning, analyzing relationships between the economic well-being of the elderly and their social, legal, psychological, physical, and environmental well-being. Smetters has also written ...
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Fastpoint Games
Fastpoint Games was a developer of data-driven games for businesses in the Fortune 500. It was the successor parent company of fantasy sports developer, RotoHog, which was founded in 2006. The company was based in Santa Monica, California. Under the Fastpoint Games banner, the company had applied RotoHog's configurable game platform to use structured data to drive consumer engagement and help brands in markets like social media, entertainment, massively multiplayer online games (MMOs), politics and regulated gaming to grow their audience, engage their users and monetize them. On 7 January 2011, Fastpoint Games and Sony Online Entertainment announced the alpha launch of the Facebook game ''Fortune League''. The casual strategy game was based on the world of EverQuest II (EQII). In Fortune League, players assessed quests, hero performance, situational threats and the actions of other players in a live trade market that compensated leaders with points, cosmetic upgrades and p ...
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David Wu (entrepreneur)
David Wu (born 1970) is co-founder and President of Sports Composite DE, Inc, which launched the online fantasy sports website RotoHog in February 2007. Wu and fellow founder Wharton School professor Kent Smetters develop a new way to play fantasy sports, in which team owners control the market for athletes by buying and selling athletes like stockbrokers on a trading floor. Background Wu was born in 1970 and lived in Thousand Oaks, California from 1979 to 2006. Prior to Sports Composite DE, Inc., Wu was the CEO of SportsSE, Inc. He also founded VR One Net and was the general manager at Teltron Computers. David Wu attended the University of California Los Angeles as an undergraduate and the University of Pennsylvania's Wharton School MBA program.Financial Magazine Executive Profile
ret ...
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Veterans
A veteran () is a person who has significant experience (and is usually adept and esteemed) and expertise in an job, occupation or Craft, field. A military veteran is a person who is no longer serving in the military, armed forces. A topic of interest for researchers has been the health of military personnel after leaving the military, particularly those who served in combat areas. This concern stems from veterans in countries like the US and Australia, being disproportionately over-represented in psychological and substance abuse disorders relative to the general population. In Australia, the Department of Veterans' Affairs (Australia), Department of Veterans' Affairs provides a Proactivity, proactive service to address 'real life' health care problems in the veteran community. Public attitude towards veterans Military veterans often receive special treatment in their respective countries. War veterans are generally treated with great respect and honour, although negative ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Venture Capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovation, innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed money, seed rounds are the initial stages of funding for a startup company, typically occurring earl ...
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Delaware
Delaware ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic and South Atlantic states, South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey to its northeast, and the Atlantic Ocean to its east. The state's name derives from the adjacent Delaware Bay, which in turn was named after Thomas West, 3rd Baron De La Warr, an English nobleman and the Colony of Virginia's first colonial-era governor. Delaware occupies the northeastern portion of the Delmarva Peninsula, and some islands and territory within the Delaware River. It is the List of U.S. states and territories by area, second-smallest and List of U.S. states and territories by population, sixth-least populous state, but also the List of U.S. states and territories by population density, sixth-most densely populated. Delaware's List of municipalities in Delaware, most populous city is Wilmington, Delaware, Wilmington, and the ...
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Fantasy Sport
A fantasy sport (also known less commonly as rotisserie or roto) is a game, often played using the internet, where participants assemble imaginary or virtual teams composed of proxies of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points that are compiled and totaled according to a roster selected by each fantasy team's manager. These point systems can be simple enough to be manually calculated by a "league Commissioner#Sports, commissioner" who coordinates and manages the overall league, or points can be compiled and calculated using computers tracking actual results of the professional sport. In fantasy sports, as in real sports, team owners draft, trade, and cut (drop) players. History Early simulations The history of fantasy games can be traced to the 19th century. The tabletop game ''Sebring Parlor Base Ball'', introduced in 1866, allowed participants to sim ...
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Portfolio (finance)
In finance, a portfolio is a collection of investments. Definition The term "portfolio" refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial professionals, hedge funds, banks and other financial institutions. It is a generally accepted principle that a portfolio is designed according to the investor's risk tolerance, time frame and investment objectives. The monetary value of each asset may influence the risk/reward ratio of the portfolio. When determining asset allocation, the aim is to maximise the expected return and minimise the risk. This is an example of a multi-objective optimization problem: many efficient solutions are available and the preferred solution must be selected by considering a tradeoff between risk and return. In particular, a portfolio A is dominated by another portfolio A' if A' has a greater expected gain and a lesser risk than A. If no portfolio dominates A ...
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Los Angeles
Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, cultural center of Southern California. With an estimated 3,878,704 residents within the city limits , it is the List of United States cities by population, second-most populous in the United States, behind only New York City. Los Angeles has an Ethnic groups in Los Angeles, ethnically and culturally diverse population, and is the principal city of a Metropolitan statistical areas, metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18.5 million residents. The majority of the city proper lies in Los Angeles Basin, a basin in Southern California adjacent to the Pacific Ocean in the ...
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