TLDR: I appreciate Marco, Sana & SageWealth, but do think that this is probably not a good place to advertise such products (based a.o. on feedback from their talk at EAGxBerlin)
Marco’s co-founder Sana gave a talk at EAGxBerlin 2022, and as event lead, I read through all participant feedback. This was one of the more controversial sessions at EAGxBerlin- some (especially those new to investing) found it quite helpful, while others (including some with more investing expertise) were more critical for various reasons.
I don’t know enough about SageWealth’s products to have an informed opinion. Just from reading through the EAGx feedback and comments here, I do share the general sentiment that EA spaces like EAGx or this forum are probably not good places to advertise such products (unless you want to be totally truth-seeking and also include all the reasons against buying the product, alternative products from other companies etc).
I do agree that many EAs probably underestimate the benefits of investing their savings (rather than just keeping them sitting idle on a bank account), and I appreciate Marco & Sagewealth for bringing attention to this! I’m also glad to have Marco & Sana in the EA community—I’ve met them often on various events around Berlin, had many interesting conversations and always enjoyed their company :)
PS: I wonder if you could do both raising awareness of “investing to give” and advertising your products in different posts, without one affecting the other? I think this might be worth a try. You could include disclaimers wherever relevant.
We can tell you from our own experience giving talks in other spaces, that those who know how to invest are not interested in our solution, but those who are new to investing find it extremely useful! So this doesn’t surprise us at all.
Something that surprises us is that our EAGxBerlin talk is being framed solely as an ‘advertisement’. When we ensured that 95% of the content was purely educational, and only discussed our solution shortly at the end.
As mentioned above, we are keen to maximize for truth-seeking where possible, and have no issue with giving more attention to reasons people should NOT buy our product. In fact, this is why we have a pros and cons list above. The problem is that right now there are no guidelines on how a for-profit can engage in the EA community. We would be happy to adhere to them if these were made clear!
We appreciate your feedback on separating the “investing to give” and “offering our solutions”. We are just trying to put ourselves out there to see how the community responds, so we are learning as we go along how EA feels about us as an investment solution that is for-profit. So these thoughts are very helpful, thanks!
TLDR: I appreciate Marco, Sana & SageWealth, but do think that this is probably not a good place to advertise such products (based a.o. on feedback from their talk at EAGxBerlin)
Marco’s co-founder Sana gave a talk at EAGxBerlin 2022, and as event lead, I read through all participant feedback. This was one of the more controversial sessions at EAGxBerlin- some (especially those new to investing) found it quite helpful, while others (including some with more investing expertise) were more critical for various reasons.
I don’t know enough about SageWealth’s products to have an informed opinion. Just from reading through the EAGx feedback and comments here, I do share the general sentiment that EA spaces like EAGx or this forum are probably not good places to advertise such products (unless you want to be totally truth-seeking and also include all the reasons against buying the product, alternative products from other companies etc).
I do agree that many EAs probably underestimate the benefits of investing their savings (rather than just keeping them sitting idle on a bank account), and I appreciate Marco & Sagewealth for bringing attention to this! I’m also glad to have Marco & Sana in the EA community—I’ve met them often on various events around Berlin, had many interesting conversations and always enjoyed their company :)
PS: I wonder if you could do both raising awareness of “investing to give” and advertising your products in different posts, without one affecting the other? I think this might be worth a try. You could include disclaimers wherever relevant.