Stream by AlphaSense
Stream by AlphaSense Review
Considering joining Stream by AlphaSense, an expert network for conducting and sharing expert calls? Before you dive in, let’s take a critical look at what this platform offers. While it presents opportunities for sharing knowledge through its transcript library, the lack of compensation for initial calls and concerns about anonymity raises important considerations. Let’s explore the pros and cons in this review.
Sophie – Our Expert Network Specialist: Sophie is from Hamburg, Germany and is our specialist on Expert Networks. After several years of working as a top executive, Sophie is now an independent consultant and is signed up as a council member of several networks. When she is not helping HuginX write Expert Network reviews, she can often be found enjoying thrilling Nordic noir crime series.
Stream is an expert network library owned by AlphaSense (not to be confused with AlphaSights) which is a financial search engine that provides data and insights to investment firms and corporations. AlphaSense was founded in 2011 by Jack Kokko and Raj Neervannan and acquired Stream in October 2021. The Stream platform allows professionals to conduct expert calls, which are then transcribed and added to the Stream library. It serves as a hub for sharing knowledge and insights among professionals seeking valuable expertise in various industries. Stream has previously also been known as “Stream Research Group” and “Stream by Mosaic”.
Is Stream by AlphaSense legit?
What’s the concept?
Signing up for the expert network transcript library Stream by AlphaSense introduces business professionals to the concept of contributing their valuable insights to the platform’s growing library. The model revolves around the idea of sharing knowledge and expertise, allowing other investors to subscribe to the library and benefit from the collective wisdom. However, the issue arises when it comes to compensation for the experts’ participation.
In many cases, experts are not compensated for their initial calls, which seems unfair considering that Stream will eventually monetize the content as part of their library. While the platform benefits from the experts’ contributions, the lack of compensation leaves participants feeling undervalued and unappreciated.
Moreover, a significant concern raised by many experts revolves around their anonymity. Although their identities are anonymized in the transcripts, the context of the information can potentially lead to the discernment of their real identities, especially when cross-referencing with profiles on platforms like LinkedIn. This anonymity concern can deter experts from participating if concerned about their sensitive information being accessible to a large pool of professionals without adequate safeguards.
Summary – Pros and Cons
Let’s summarize the pros and cons of signing up for the expert network Stream by AlphaSense:
- Added exposure:
One of the potential benefits of joining Stream by AlphaSense is the exposure it offers to professional consultants. By having their expertise showcased in the transcription library, consultants can attract potential clients and gain recognition in their field. This increased visibility can lead to future consulting opportunities.
- Potential future income:
If a consultant manages to secure engagements with Stream’s clients after the initial transcription call, they can expect to receive a high hourly consulting rate similar to other recognized expert networks.
- The outreach email:
I found the outreach emails from Stream by AlphaSense slightly offputting. The tone or content of these emails can come across as intrusive or pushy, which can create a negative impression of the platform from the start.
- No Payment for the first call:
Consultants are usually not compensated for the first call, as the transcript provides the consultant with “free exposure” as part of the transcription library. This means that the consultant is providing their expertise without any immediate financial reward, which is different to how most other expert networks operate.
- Anonymity concerns:
It’s not totally clear to me how and by whom sensitive data from the transcription library is accessed. This raises questions about confidentiality and compliance, especially if the data contains sensitive information. Discerning someone’s identity is not really difficult if you’re a high-ranking manager within a small niche.
- Unfair revenue share model:
The revenue model seems unfair from an expert’s point of view. If experts contribute valuable insights to a transcription library which is sold multiple times to countless platform subscribers, it seems obvious that they should be compensated.
- Pushy associates:
Pushy or aggressive behaviour from associates during the signup process can leave a negative impression on potential experts.
While the platform offers potential exposure for consultants through the transcription library and the promise of high hourly consulting rates, there are several significant drawbacks. These include the offputting outreach emails, lack of payment for the first call, anonymity and compliance concerns, unfair revenue share, and pushy associates during the signup process.
My advice is that consultants should consider other expert network sites that offer more favourable terms and a fairer revenue-sharing model for their expertise and efforts.
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Disclosure: While HuginX is editorially independent, we may earn commissions on sign-up links.