Okay, I finally got rejected once more as solo founder: www.mountwish.org Problem and solution: Most companies struggle with the high complexity and ever-inc

Okay, I finally got rejected once more as solo founder: www.mountwish.org Problem and solution: Most companies struggle with the high complexity and ever-increasing regulatory burdens associated with managing their FX, commodity price and interest rate risks. Not to mention that costs in financial risk management are rising fast (currently firms spend on average around 2.86% of their revenues on hedging these risk). Hence, they usually would prefer to have a simple, straight-forward insurance covering these risks rather than having to deal with derivatives and the related administrative requirements. That’s where we come in with our product called FinGuard, which is an ERP system plugin doing exactly this – measuring the exposure and automatically insuring it at a cost which is at least 40% cheaper compared to traditional hedging methods (as we can effectively match contrary risk positions of different customers). Top three customer advantages: 1. Significant EBITDA boost Savings coming from our cross-customer hedging approach can increase EBITDA by up to 11.5% p.a. which is equal to an increase of 16% in sales, while additionally saving any kind of fixed treasury expenses (e.g. treasury systems, staffing, research data, special admin processes and legal services,…). Hence customers’ EBITDA will go up sharply. 2. No compliance hassles anymore It reduces compliance burdens , just think of KYC checks, MiFID II, EMIR and the likes, which for an insurance policy from a customer’s perspective are no longer applicable 3. Convenience and more time for your core business Increased focus on your core business with automation taking all the financial risk management hassles (e.g. going global w/o worrying about FX rates) and potential human errors (e.g. no litigations with banks about the agreed on derivatives pricing) out while using big data to improve results further Status Quo and Key metrics: - A solid team is in place and shall be hired with the next funding round (or accelerator money), but until then it's just me working full-time on the project (by the way I don' understand the bias against solo founders anyway: https://techcrunch.com/2016/08/26/co-founders-optional/ https://techcrunch.com/2016/08/26/co-founders-optional/) - Validated concept (based on historical data), business processes defined, thorough business plan written (100+ pages) and software design sketch ready; first prototype shall work by end of April - Currently discussing cooperation with other financial services providers as they can help us to drive sales significantly (attracted leading players including bulge bracket banks and household names in the insurance industry among others) - 300+ sales leads each with more than 100m in revenues (our own pricing is derived as a percentage of their revenues); currently reaching out to them to get signed LoIs - 2.97tn USD total market size; expecting USD 546m in pre-payments in year 1 - positive VC feedback in general