Posts filed under 'igniteseattle'
It’s been a while, and so I wanted to send out a quick update on what’s been happening with the project.
Recent updates:
- I spoke about the project at the IgnitionNW Town Hall Meeting on March 26th and made two important announcements:
- The first group in our Field of Membership will be IgnitionNW.
- I’m building a technology platform to create and operate Credit Unions like Black Rock Federal. (There will be more about this soon!)
- I also had an outstanding meeting with Carmen Mauk of Burners without Borders, who is taking BWB in some exciting directions.
-
Upcoming:
- I’m sending our revised Field-of-Membership to the NCUA on Friday.
On Saturday I’m flying to San Francisco to help Brady run the Ignite Event @ the Web2.0 Expo in San Francisco. (Justin.tv will be there and presenting, so you might be able to see it live… and from a speakers perspective!)- I might be speaking at the Web2.0 Expo as well (check my personal blog if you want to know more)
Next Update: Friday, April 20th
April 11th, 2007
I hightly recommend attending Ignite II at the CHAC this Tuesday, February 13th. The last Ignite was fantastic, and several of the upcoming talks are extremely relevant to Black Rock Federal, especially:
- Scott Kveton of JanRain will be presenting on OpenID. OpenID is an open, decentralized, free framework for user-centric digital identity. For more information, see the outstanding presentation “ETech 2006 — Who Is the Dick on My Site?”, by Dick Hardt, Founder & CEO, Sxip Identity.
- Nancy White, of Full Circle Associates, will be presenting “What the Bleep is a Community Technology Steward?”
- Sarah Davies with Freedom For IP will be presenting “Share and share alike: GPL, Creative Commons, and the future of digital freedom”
- Our very own Corprew Reed will be presenting on the“American Society for Information Science & Technology: What the heck is the Pacific Northwest Chapter of ASIS&T?”
Many thanks to Bre Pettis, Brady Forrest, and Make: Magazine for putting on these events!
See you there!
February 10th, 2007
The great folks at blip.tv posted the video from my talk at Ignite Seattle I and of course I have a few updates, corrections, retractions, and denials from the event.
- I was, in fact, drunk when I wrote and presented this talk. I feel the need to state for the record that this event was held in a bar which didn’t have food and I’m I lightweight because I don’t drink that often. So… moving on…
- I was wrong about Credit Union capitalization.
- The Open Space Technology (OST) conference where we will write our charter and figure out how we will implement it is currently scheduled for April 7th, 2007. More details will be posted soon!
- My talk mentions Jonah Burke’s presentation on the Darfur Wall project. Donate!
- The OpenSourceCU folks aren’t creating technology yet, but their sponsor Trabien is a technology company serving credit unions.
December 19th, 2006
Brady Forrest and Bre Pettis just announced the second installment of Ignite Seattle. Most of the Black Rock Federal team will be there and you should too!
from the Ignite Seattle blog:
Bre and I have plotted with the owners of the CHAC to schedule another Ignite! We know that we need more space. We know that we need to keep the energy alive. We know that we need to top the last event. We know that we need to keep the bar nearby. We’re going to do all of those things and more…
The next Ignite is scheduled for… February 13th upstairs at the CHAC. The upstairs is huge and will be freshly renovated. It has high ceilings with lots of room for things to fly though the air.
Admission will be free. The format will be the same. The top-secret Make event will begin at 6:30 and go til 8:00. The Ask Later talks will begin at 8:30 and continue for three rounds with frequent breaks.
RSVP at Upcoming if you like!
I presented at the first Ignite Seattle, and am really looking forward to the next one!
December 19th, 2006
What was Jesse talking about at Ignite Seattle?
Credit Unions have $0.06 backing every $1.00 they loan out… which means they can loan $1,600,000 for every $100,000 deposited by members.
If you loan out $1,600,000 at a 7% APR rate you take in about $112,000 in interest on $100,000 in principal. After deducting operating expenses and paying the members interest on their accounts, credit unions use the remainder to offer better services to their members.
Black Rock Federal will offer the same great services any other Credit Union does, and we will use our resources to change the world.
(edited on 12/11/06)
I was mistaken when I gave this presentation. I said that Credit Unions were able to loan out $16 for every $1 in member deposits, because they have a 6% capitalization requirement. I confused Credit Union capitalization ratios with banking Cash Reserve Ratios, and didn’t find out until I spoke with a gentleman from the NCUA today.
Please see this blog entry for a detailed correction.
December 9th, 2006
Last night’s event was so much fun!
Many thanks to Allegra Searle-LeBel, Corprew Reed, Leah Papernick, Noah Iliinsky, and Benjamin Black for helping me with the talk.
The night began with about 200+ people crammed into the bar building popsickle-stick bridges and then testing jumping up and down on them. After all the bridges had been “tested”, things settled down and the 5-minute “Ask later” presentations began.
Bre Pettis (Make:) said “the audience was enthralled as the superstars of local start-ups, creative innovators, scientists, hackers, puzzle-makers, and regular folks doing cool things managed to dump their brains into five minute power-point presentations.”
We got a lot of positive response from the presentation, and we’re planning on doing it again at the next Ignite Seattle in February. Many thanks to Brady Forrest for creating such a cool event!
There should be videos of the event posted soon.
My flickr gallery
December 8th, 2006
I’m signed up to do an “Ask Later” talk at Ignite Seattle on Thursday entitled “Burning Credit: building the Black Rock Federal Credit Union”.
Brady Forrest writes: “The Ask Later talks will *all* be 5 minutes long. They will all have 20 slides and each slide will be on the screen for 15 seconds. The presenter will not have control of their computer. That’s part of the fun…”
Ignite Seattle is a a short unconference-ish event in a bar being run by my friend Brady Forrest of O’Reilly Radar and Bre Pettis of Make:. It’s going to be a good time, and I’m hoping to see you there!
What: Ignite Seattle I
When: Thursday, December 7, 2006 @ 8:00 PM
Where: LowerLevel - 1621 12th Ave, Seattle, Washington 98122
RSVP: http://upcoming.org/event/127800
December 7th, 2006
The BarCamp Bank folks asked us to host their first US meeting, and I have agreed to do it. Brady Forrest has graciously agreed to advise me on this, and I’m hoping that the OpenSourceCU/Trabien & Wesabe folks will help out too.
