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PS: Here is an example of a great niche tool we loved as analysts and associates with thousands of active professional users. It was created by one person on th
by lefstathiou 10y ago
PS: Here is an example of a great niche tool we loved as analysts and associates with thousands of active professional users. It was created by one person on the side (now a team of two) and generates hundreds of thousands of dollars in fully automated revenue. The challenge is that those who use EDGAR frequently instantly see the utility but someone outside of the industry would not know this even exists or the problem it solved.
www.bamsec.com
ps this is not a personal plug. I do know the founder now but only after I discovered tool and reached out.
- rpedela 10y agoI am curious what you find compelling about Bamsec? It certainly has a cleaner interface than EDGAR, but are there any other advantages?
- lefstathiou 10y agoIn a word: Speed. As an analyst and associate I spent a ton of time on EDGAR and this tool wiped out easily 20 to 45 min of work a day. It's a collection of subtle enhancements for example it pulls the title of an 8k rather than me having to guess which 8k out of a dozen contain the information I need. It now has a transcript search that allows you to search for word references across all filing (dozens to hundreds at a time) for a company which can easily save hours. There are a lot of subtle enhancements that are not worth enumerating on HN but feel free to ping me and I can go deeper into it if you want.