In memory of John Delaney, 1969-2011

May 29th, 2011

I’m very sorry to say that the world lost John Delaney on May 22, 2011.  John was the CEO of prediction market Intrade, one of the most well-known real-money prediction markets.  He was climbing Mount Everest and came within 50 meters of the summit when he encountered medical problems and died.

I’ve known John for some time; though we only met for the first time in October 2007.  I was struck by how down-to-earth he was, and truly interested in having everyone in the prediction market industry succeed.  At the time, Intrade was going through a legal separation of sorts from its other entity Tradesports, and many had questions and concerns about what that meant.  John was incredibly honest and up-front, and didn’t pull any punches in speaking about the issues.

To make this tragedy even worse, his wife gave birth to a baby daughter just before he made his way to the summit.  He died without knowing he had become a father once again.

I will personally remember John as a successful entrepreneur and as a man who embodied the friendly and big-hearted nature of the Irish.  He will be truly missed.

Rest in Peace, John.

Other Obituaries/News

New York Times

Daily Mail

Justin Wolfers (Freakonomics blog)

 

One Response to “In memory of John Delaney, 1969-2011”

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