The Open Ventures community hit a milestone today with the 150th idea for a new venture that could generate £10m to help beat cancer. The number of ventures is also growing steadily: at the time of writing there are 17 ventures taking part in the Challenge.
Today, we’ve got some more improvements for you:
- We’ve improved how ideas are sorted by popularity. Previously, an idea with just one 5 star vote would be ranked higher than an idea with very many 4 star votes. We now apply some statistics to ensure that ideas with many high ratings are ranked as the most popular. (For the geeks amongst us, we use the lower bound of a Wilson score confidence interval: Evan Miller provides a clear explanation of how this works.)
- You can now sort ideas by the date they were created.
- When you comment on an idea, you’ll automatically start watching the idea. This means that we’ll email you when there is another comment or the idea changes. Of course, this is optional — if you don’t want email updates then just uncheck the box when you post a comment.
We’d like to improve how ventures work and we’d love to hear your thoughts on this. What do you like about ventures? What do you hate about ventures? What do you think we should do next? Please do get in touch with your feedback and suggestions.
