thankyou so much for writing such a detailed comment
i really don't see this as a bloomberg killer, this is more like terminal for indiviual investors, i really feel like everyone sees things as black and white, on one hand you have your hedgefund investors and on the other you have wallstreetbets who dont care about fundamentals, this is for the middle ground, like a value investor who looks at fundamentals and invest for the long term, even the infamous face of the game stop saga DFV was a hardcore value investor
i really am going after that crowd, they don't need those advanced data youre refering to like they're not gonna trade spreads or swaps, so operating terminals backend would be magnitudes cheaper, which i will pass down to my customers, you made really great points i just view this as completely different product
Ok, fine, but (a) why are you using "Bloomberg" to promote your product (b) have you done some competitive research ? As I said, you are tier 3, and at that tier there are hundreds just like you. Are you really that much different to what every other man and his dog is offering at tier 3 ?
Financial data is a competitive space and so (to be perfectly honest) you should have some clear differentiator otherwise you'll just end up another random tier-3 name.
As I said in a reply to someone else here, to be absolutely clear: I'm not seeking to be a jerk, I'm just injecting a bit of reality. You've chosen a tough space to operate in...
i really don't see this as a bloomberg killer, this is more like terminal for indiviual investors, i really feel like everyone sees things as black and white, on one hand you have your hedgefund investors and on the other you have wallstreetbets who dont care about fundamentals, this is for the middle ground, like a value investor who looks at fundamentals and invest for the long term, even the infamous face of the game stop saga DFV was a hardcore value investor
i really am going after that crowd, they don't need those advanced data youre refering to like they're not gonna trade spreads or swaps, so operating terminals backend would be magnitudes cheaper, which i will pass down to my customers, you made really great points i just view this as completely different product