siracguy
Joined 16 years ago
Joined 16 years ago
I don't know who you are targeting, but I would imagine that the customer sweet spot for you would be the intersection of: - Traders who are engaged enough and delve deeply enough to need Bloomberg-type data, beyond what is provided by the typical broker pages/Yahoo Finance/SEC/Seeking Alpha/fintwit/newsletters/company disclosures (which are all very low cost or free and sufficient I would think for casual users) - And yet, who are not professionals with access to the Bloomberg terminal
I suspect that this is a very small but growing group. The characteristics of this group is that they will be careful with money (it comes out of their pocket, not their employer) but if they find a tool that is actually useful and an aid to generating alpha, they have sufficient AUM that it is worthwhile to pay a reasonable monthly fee to access it.
FWIW, I'm not sure how much the uptime during market hours will be critical other than for day traders. Most of the traders in this group will also have day jobs.
This is all very unscientific and not based on data, I'm just going off my experiences and those of others I know who are in a similar boat.
P.S. Unless you're trying to disrupt the Bloomberg terminal itself for professionals, in which case please disregard this entire comment.
As an aside, Koyfin has some similar functionality, perhaps not with as much data, and they have a free tier where you can build some custom pages (e.g. watchlists). The paid tier starts if you want more of those.
His answer so far: Monster (good), LinkedIn (ok), CareerBuilder and CraigsList (poor). YMMV.
I realize this doesn't exactly fit the startup context at HN. I apologize if it's considered off-topic, but I thought it might be of interest for some.
Given the increasing amount of outsourcing going on at Silicon Valley companies, it's harder for experienced people with high salaries to find a new gig here; many of the software centers in India, conversely, are in the middle of a major boom.
Having said that, working conditions and norms in these countries are quite different, and it takes quite an adjustment to settle down there.
Admittedly OSs, compilers and frameworks are significant steps forward from pure Assembly language, but we're still a far cry from how autos are built today: automakers build a "car platform" by composing different systems, which themselves are composed of assemblies and sub-assemblies and so on. The platform is then targeted towards a specific application by bolting a car body on top, this body is usually separate from the core engineering systems of the car.
Right after a speech is the WORST time to try to strike up a conversation with a speaker, as some of the other commenters have pointed out - at that point, they're usually surrounded by a group of people handing them business cards and talking at them; yet that's when most people try to meet them.
Getting a friend to introduce you to someone he or she knows is usually the best way; most people will be happy to perform an introduction if you just ask. In the worst case, they can just tell you that they're not comfortable doing it.
In other words, our mind is constantly watching and learning, and then matching that data to patterns we've observed in the past; not all of this information reaches the front of our consciousness.
Of course, if it's subconscious, it is easy to get misled, or match patterns inaccurately since there is no rigorous examination involved about the underlying assumptions.
The Goal - by Eliyahu Goldratt
Never Eat Alone - by Keith Ferrazzi
Yes, that was my plan, to do it myself, but I find that I'm spending quite a lot of time on busy activities like this - as a follower of MVP/Steve-Blank, I'd rather be out talking to (potential) customers.