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Syndicates


1. No. I think that, at first, they will need to be encouraged. It'd be nice to have a high profile individual or influencer have a Syndicate to get the ball rolling. Now, I might be wrong about this, it's just my experience that things that require effort usually demand encouragement to get started.
2. I'm okay with the name but I remember you (Jeremy) tweeting that you had reservations. What did you think of the suggestion I tweeted back?
3. I agree with Jamison.
Thanks JF. I actually like the name "syndicate." But I talked to others who come from different career backgrounds, and they were inclined to conflate "syndicate" with "crime syndicate." The word carries nefarious meaning with them.
"Literati" is also cool.
"Literati" is also cool.
1. I love the idea of being able to join a group based on my interests and receiving a surprise book at a discounted rate. I didn't realize there would be a discount.
There would need to be a way for the "Leads" to prove their taste and trustworthiness, I think, but maybe that will just be up to them as individuals. What if a hundred different people try to form syndicates as leads, though? Will it be too hard to wade through all the syndicates to find one you trust enough to commit money to?
2. Syndicate is just so... organized crime. What about co-op? Very local grocery store.
Book Share?
Book Trust? I like Trust. It inspires confidence.
3. bacon
There would need to be a way for the "Leads" to prove their taste and trustworthiness, I think, but maybe that will just be up to them as individuals. What if a hundred different people try to form syndicates as leads, though? Will it be too hard to wade through all the syndicates to find one you trust enough to commit money to?
2. Syndicate is just so... organized crime. What about co-op? Very local grocery store.
Book Share?
Book Trust? I like Trust. It inspires confidence.
3. bacon

And would it be just one book a month, or say, three featured books? Reader chosen or based on the amount of pre-order/follower action of a certain book in that month?

I'm not a big fan of the name. It does have a negative and kind of shady tone to it.
I like the idea of Bookshares or Bookleague. Something with book in it

I prefer fantasy to sci fi as a general rule. I'd be more likely to contribute to a fantasy-specific syndicate than a generic one. So maybe there's a Fantasy Curator, a Sci-Fi Curator, and a General Fiction one to start?
I think Churchill was cool. I don't want to join a syndicate that will order a photo book about him though.
Make sense? Btw, I'm signing up now.

Or something more literary: Round Table, Literaria, Voices, Readers Union -or- Guild.
Founder's Guild. WriteConnection. InkPen. Inkspiration. BookLeague. ReadShare.
-Carol D. Marsh
The trick is to choose a name that conveys what the thing is without requiring too much education.
What about something simple like "Clubs"? We threw "book club" around, but I'd like to do away with the idea that we're going to come together and read these books together.
What about something simple like "Clubs"? We threw "book club" around, but I'd like to do away with the idea that we're going to come together and read these books together.

Frankly I don't care about the name. I love the concept.

Also, I think there should be a separate Fantasy and Sci-Fi Syndicate and would be happy to throw my hat into helping support either/both.

That's just an example of one I might join. There could be many syndicates. One syndicate might be character-driven thriller, or women's fiction. Bringing syndicates together based on common interest would be a great way to create several circles of readers, many which might overlap on various projects.
1) I don't think readers will organically form syndicates. However, I think if authors who they follow were to spread the word and get them on board, or if Inkshares could encourage them toward certain themed syndicates based on their reading interests (this could be achieved through platform design tweaks, I'm sure), then we might see readers move toward a syndicate of choice.
One other thought I had in looking at the CEO syndicate is what form of selection take place? How much say do individual members have in choosing titles? Is there a voting process? Can prospective titles that fit the syndicate interest be displayed as miniature which members can vote on -- where the number of votes is displayed on the titles so that joining members could see what's on the radar and have a look at the kinds of books they might be reading?
2) I like syndicate. As Jamison put it, there is a certain edge to it. While the name is fine, I think it would be good to make sure there is some kind of associated caption new members could see so that they don't have to investigate what it is. i.e. "The Space Opera Syndicate -- join us as we support top pick space opera titles," or something like that.
3) :)

It has to be driven by someone and treated as a project in order to encourage people to join. Taking that into consideration, when crafting messaging I would stir away from "you get a discounted book" as the central theme. At least from my perspective, the main goal of the syndicate is to support new authors; that is why people should Join. Getting a book should be icing on the cake.
If the reward becomes the main reason to join then you risk people becoming unhappy with the book selection and dropping off.
I say this because I see many similarities with fundraising projects in the nonprofit world. When we say "donate to us and help children succeed in school" the donor who responds is someone that trust us to do the right thing to achieve the mission. When we say "donate to us and we will buy books so children read more" the donor we get want to know which book? who's choosing it? Which children are getting them? All those questions are fine, but when you multiply them by hundreds and then thousands, they do nothing but make impossible to make everybody happy.
Since most likely those joining first will be authors, we should set the emphasis on supporting emerging authors. If we coordinate our efforts we can help more authors fund, that is why I join the syndicate. I already pay $10 for Amazon Unlimited to get my discounted books there, the big perk here is that all of our funds will help someone's dream become true, that to me is a more powerful message than the promise of a book.
PS Syndicate is growing on me :-)
@John, @Ricardo, great feedback. Note those of you who joined the CEO Syndicate would have been charged this morning. And this made funds available for us to start the selection process, which will happen in earnest next week.
My plan is to involved syndicate members in the process, although the ultimate decision is up to the syndicate lead (me, in this case). I'm curious to see how this process works out.
Also, I'd like to invite you to start your own syndicate. In this way we can see how more nuanced syndicates resonate. You'll have a month to build your membership and can make your first selection on January 15th. Get started here:
https://www.inkshares.com/syndicates
My plan is to involved syndicate members in the process, although the ultimate decision is up to the syndicate lead (me, in this case). I'm curious to see how this process works out.
Also, I'd like to invite you to start your own syndicate. In this way we can see how more nuanced syndicates resonate. You'll have a month to build your membership and can make your first selection on January 15th. Get started here:
https://www.inkshares.com/syndicates
Here's mine!
https://www.inkshares.com/syndicates/...
(SnarkyDarkSy - The Snarky Dark Fantasy Syndicate)
https://www.inkshares.com/syndicates/...
(SnarkyDarkSy - The Snarky Dark Fantasy Syndicate)
Now that I've already jumped in and created one, I have some questions:
1. Is this just for projects that are funding? Or can projects in production be included as well?
2. If a chosen book-of-the-month does not make it to publication, what happens to the syndicate's contributions towards it?
1. Is this just for projects that are funding? Or can projects in production be included as well?
2. If a chosen book-of-the-month does not make it to publication, what happens to the syndicate's contributions towards it?

https://www.inkshares.com/syndicates/...

Anyone want to join The Warbler's Syndicate?
I'll create one some time soon.

https://www.inkshares.com/syndicates/...




Completely agree.


One of the epic fantasy authors I approached was interested in supporting the syndicate, but not contributing. I think this is great.I'd like to have an "affiliate" status for the syndicate, kind of like how readers can follow a project without backing it, but still be involved.
I'd like to build a small group of all our syndicate members for discussion. It would be great to see this as part of the syndicate platform, but for right now I'm thinking a Goodreads group, since Goodreads has the polling feature and syndicate members could also recommend books and we could discuss them each month, then poll to make a decision what to back.
I'll try this out, but meanwhile thought I'd pass this along as feedback as you continue to refine this new model. I think it's a great idea and hope we can get lots of these syndicates going to cover all the genres / subgenres / interests.
Who's going to start the Chocolate Lovers Syndicate?


You don't get a book for that, but you add to the combined buying power of the syndicate.

Sorry about the radio silence. @John, we'll make syndicates public shortly (they'll be linked to from the homepage just like collections). The $5/month option is interesting, but it'll throw off the mechanics of how books are ordered. We'll have to put some thought into how that might work.
As far as affiliates go, I think that'd make sense, but I'd like to see syndicate membership take off first before adding secondary affiliation options.
Last, I'd recommend using the DISCUSSION feature to ping your members about book ideas. I'll be going through the selection process with my syndicate next week, so we'll see how use of that feature goes.
JT
As far as affiliates go, I think that'd make sense, but I'd like to see syndicate membership take off first before adding secondary affiliation options.
Last, I'd recommend using the DISCUSSION feature to ping your members about book ideas. I'll be going through the selection process with my syndicate next week, so we'll see how use of that feature goes.
JT

Of course, like all creative work, you don't know until you try and when something doesn't work you abandon it and move on to what does, so I'm letting this grow organically and seeing what happens -- also anticipating that with time the syndicates platform might integrate to allow for more organized discussion.
Jeremy wrote: "@John, great idea!"
Hi Jeremy - Can you tell us what happens when a syndicate backs a book that ends up not reaching its funding goal? Is there a refund or does the Syndicate get to choose another book to replace it?
Thanks!
Hi Jeremy - Can you tell us what happens when a syndicate backs a book that ends up not reaching its funding goal? Is there a refund or does the Syndicate get to choose another book to replace it?
Thanks!
@Christine, good question. The members of the syndicate get credits totaling the order amount, which they can then use individually to purchase other books. The syndicate doesn't get a "re-do."


We found that these genres ar a bit underrepresented in Inkshares though syndicate is "grosso modo thrillers" meaning that even fantasy or SciFi with thriller elements will be considered.
We have 6 members and everyone is invited.
Thanks
Jonathan




So, we put our heads together and came up with the idea that a reader could contribute, say, $10/month to Inkshares and have a book automatically pre-ordered/ordered for her based on her interests.
We ran this idea past two people and they seemed to like it. The question was, however, how are we going to select a book each month for the reader in question?
Our thinking was that the answer could be found within the idea of a "syndicate" -- a group of individuals or organizations combined to promote some common interest. Influence by the way AngelList went about implementing syndicates, we wrote some code and rolled out a pre-alpha. "Syndicate Leads" are responsible for selecting a book to support each month. Syndicate members get a discount on the books supported by the syndicate.
You'll find the pre-alpha at https://www.inkshares.com/syndicates/ceo.
The questions for you, then, are:
1. Do you think readers/authors will organically form syndicates on Inkshares to support our books?
2. Does the name "syndicate" work for you? If not, what other names do you like?