Xpree taps “wisdom of crowds” to let companies make better forecasts

Xpree taps “wisdom of crowds” to let companies make better forecasts

Xpree is a new Silicon Valley company that lets large companies make more efficient forecasts by tapping into the group wisdom of their employees.

The more I think about it, the more it seems crazy this hasn’t been done before.

Xpree lets a company’s employees bet on whether a product will, say, meet its launch date. Xpree encourages participation by awarding employees with perks and recognition by peers. While very early, Xpree is getting traction, having already… Continue Reading