13 ms·

Show HN: Bloomberg Terminal for Individuals

138 points by krxhna 4y ago

I made a site to do investment research faster and more efficent, with links to 10k 10Q, charts, industry averages, macro economic data, hedgefund reports and much more

lvl102 4y ago
OT but Bloomberg sucks. You can tell that they’re a monopoly by the fact that they haven’t innovated beyond what was an excellent terminal in the 90/00s. Now they’re just using market position to squeeze people for rent.
- deleted 4y ago
  [deleted]
kratom_sandwich 4y ago
Your previous submissions: https://news.ycombinator.com/item?id=32701555 https://news.ycombinator.com/item?id=32701555 (16 comments) https://news.ycombinator.com/item?id=32554793 https://news.ycombinator.com/item?id=32554793 (7 comments)
- krxhna 4y ago
  sorry about the repost, but i have added much more features and reduced pricing by a lot
  - roflyear 4y ago
    Don't be sorry. I always wanted to work on a product like this, and I think it is very well done. Good job
  - llampx 4y ago
    It would be good to add what changed in the comments when you put this on HN again.
neonnoodle 4y ago
I made one too: http://chart.business http://chart.business
- tmnstr85 4y ago
  This is the best. What a great API!
- mysterydip 4y ago
  I get that there's enough info on there that it should be done on a desktop, but I tried it on mobile (iphone) just to see it. It started out fine filling the screen, then every few seconds kept slowly expanding the display to the right. Some kind of screen resize check bug perhaps?
  - dewey 4y ago
    > Some kind of screen resize check bug perhaps? Same here on Desktop Safari, not sure if that's part of the joke or a bug though.
- mxuribe 4y ago
  Great job all around! My favorite is the motivational (landscape) imagery and caption!
- chirau 4y ago
  is this read-only? Can you interact with this in any way?
  - neonnoodle 4y ago
    >Can you interact with this in any way? No.
cmacleod4 4y ago
It does seem to have quite a bit of functionality, though obviously not in the same league as a real Bloomberg terminal. (I used to work on the Bloomberg software for online trading of bonds, repos, derivatives, etc.)
- boppo1 4y ago
  I wish there were a good way to get at all that data for individuals. Always wanted a job where I had a BB so I could just search around curiously in whatever financial asset area piqued me . Unfortunately I did not make the grades for it.
  - sitzkrieg 4y ago
    you can certainly get most realtime market data for equities and derivatives exchanges but its not overly cheap or hobbyist tier by any means. for example dtn iqfeed is around over $100/m w realtime equities and futures, and really high quality data so depending on your focus (esp single segments) the data is very workable. but not many tools let your arbitrarily plugin various data providers
odiroot 4y ago
I just tried my usual "benchmark" stock, LHA.DE, and it didn't even find it.
- krxhna 4y ago
  I'm sorry, I'm assuming its a german company, for now the focus is on companies that are listed in the USA and ADRs that are traded in US exchanges
mcculley 4y ago
You need to work on the copywriting. There are grammar errors. (e.g., “and much more save time and more done”, “access things you in faster than ever before”)
- krxhna 4y ago
  ohmygod thankyou for pointing out, yeah i agree i'm more of a code guy :') i really should work and learn more on the marketing side
  - tkk23 4y ago
    You can also pay somebody to check it.
- pcl 4y ago
  Here’s another, after logging in on mobile: You’re already logged in Naviate back to home page Should be “Navigate”
- spants 4y ago
  Here is another: Spelling of 'Equities' in Terminal
LeonM 4y ago
I tried clicking the 'get started' button, but it constantly jumps around as the text 'The terminal for X' was constantly changing and wrapping... Quite challenging!
- krxhna 4y ago
  oh no im so sorry what device were you using, i would like to fix it as soon as possible
monkin 4y ago
Isn’t community the single biggest advantage of Bloomberg Terminal? And no one is focusing on that, but on new fancy charts. That’s probably why Bloomberg doesn’t have real competition.
- Jorge1o1 4y ago
  I would have to argue that while community is a huge part (a lot of trades get done over IB), the biggest advantage is actually data. Bloomberg has all sorts of connections with hundreds of different economic data providers and news orgs — including some they they own themselves. It’s crazy how you can get CPI prints at 8:30:00.001 because presumably they have some embargo arrangement with the FOMC. They have a corporate actions database with hundreds of thousands of mergers, dividends, minority stakes, etc. They have millions of news articles, hundreds of thousands of securities, symbology for all of it. And don’t even get me started on the alternative data in Bloomberg: weather data, maritime ship position, satellite maps, polling data, crypto prices, corporate hierarchies, holdings/investor data, millions of bios, etc. It’s an empire of data and it’s all in one place.
  - wjnc 4y ago
    It’s lock on data as well. On the one hand I hear all the 20-30 year olds complaining about BB on a daily basis and on the other hand we have million dollar models (in cost, billion dollar in value) locked-in on BB data sources. Just changing a data source is a major model change with god knows what hoops the regulator puts you through. So I just kindly explain to the youngsters there is a lot we can do for their happiness, but switching from BB is not one. Writing this I think some consultancy could specialize in the BB API. That’s all we need.
    - ethbr0 4y ago
      BB is an excellent and well-executed business model. 1. Do something that doesn't scale: provide clean, reliable feeds for everything + whatever new thing clients want 2. Package the above in a way that's easier to explain/sell: a device (and now, API) 3. Control the interface It establishes and grows a moat by 1. It eased sales and prevented competitors from stepping in between them and the customer (and therefore eventually being able to cut Bloomberg out) via 2 & 3. Consequently, it turns any potential competitor's value calculus into either (a) attempt to reimplement a subset of Bloomberg's offering, thus inviting the "Why not buy an integrated solution?" customer comparison and fighting against integrated pricing economies or (b) reimplement the entire Bloomberg offering from ground up, which is pretty much impossible. And the entire time a competitor is spending time and effort on (a) or (b), Bloomberg is collecting use patterns and new feature requests from its actual, day-to-day users.
seltzered_ 4y ago
How is it differentiating from https://openbb.co/ https://openbb.co/ (vscode based bloomberg terminal alternative) ?
- eddyg 4y ago
  Came here to mention OpenBB (free/open source) as well.
- krxhna 4y ago
  Yes, OpenBB is an amazing initiative but we are very different in the way we focus on user experience and journey tho we have terminal in the name its very much not like a terminal, its more like a search engine very intuitive, very user-friendly, very fast, all you have to do is search the stock name, and you'll have access to everything from annual reports to transcripts in less than 10 secs, that is not the case in OpenBB we have better powerful charts, we have better industry-level data, we have a macro overview section where you can analyze everything on a macroeconomic scale, we also have a biweekly digest helping our user navigate upcoming events if there is any, and important alerts on events like fomc meetings and such, and much more we do also have a terminal interface, where you can type commands to access everything even faster!!
  - sexy_year 4y ago
    Hey, I come from OpenBB. The OpenBB Terminal is fully python based so that we can have the community working on the platform without needing to rely on other languages or frameworks. Having that said, we are currently working on a better frontend for less tech-savvy users. From your demo, it seems that it's not all integrated into your platform, so you are just opening a new tab to the corresponding data source. On our platform you get access to a very substantial amount of data, and we make it all integrated so that you can benefit from learning our infrastructure. You may argue that you get access to the data faster than OpenBB. But you are comparing opening a new window and url to processing data from a source and displaying into the same platform where the rest of the interface lies. A bit unfair. In addition, we double down on automation. So, the OpenBB Terminal actually allows you to automate your full investment research routine - which I think is something you can't do in any other platform, easily. In any case, good luck with the project!
PanosJee 4y ago
I am glued to Tradingview. Nothing comes close. Not even Bloomberg.
- krxhna 4y ago
  gorilla terminal charts are powered by trading view, think of trading with with more advance data that you need
- collegeburner 4y ago
  for ux or data? i've always found bloom has more of the long tail obscure data than anything else.
  - krxhna 4y ago
    for just the charts, I tried implementing on my own , but it just wasn't it, trading view is the goat
- boppo1 4y ago
  Never heard of Tradingview (degree in finance, but no job experience in it). What does it have that Bloomberg doesn't?
simonebrunozzi 4y ago
Here's a suggestion for you: introduce a free tier, where a user can perform up to 100 searches per month, and has 50 terminal credits. You let people get a taste of it, without providing credit cards, etc. I would try it out immediately this way. Otherwise, I'm not giving you my credit card just yet.
- krxhna 4y ago
  Thankyou i'm actually planing on doing that aswell, as of now you can try it out without signing up by clicking on get started button, you get perform search and terminal queries free of cost, but what you're suggesting is an amazing idea aswell, increase the number of credits once people signup thankyou so much for that i will work on implementing that
- dewey 4y ago
  The usual problem with free tiers is that you get low qualify leads through it. Requiring a credit card increases the threshold and you get more qualified user into the funnel. Also makes it a bit harder for people to always sign up with new accounts to get the credits without converting.
  - krxhna 4y ago
    this exactly was I was thinking, I really wanna build this into something with which everyone, even everyday people can do advance level analysis, but it just is not possible by keeping it free of cost
    - CSSer 4y ago
      What kind of commitment are we talking about though? It’s pretty hard to quickly tell if I’m in the target demo or not right now.
  - jgalt212 4y ago
    > The usual problem with free tiers is that you get low qualify leads through it. Any B2B2C business could write a book on sourcing 1000s of low quality leads. It seems all the literature out there is geared towards sourcing B2C leads.
marban 4y ago
For news: https://biztoc.com https://biztoc.com
- sabertoothed 4y ago
  What a UI mess. I am not a terminal person but how the heck is my brain supposed to consume this front page. My eyes went crazy.
  - betwixthewires 4y ago
    I find the UI quite pleasing and a breath of fresh air. Too many sites these days are mostly dead space. This is real busy, I'd check this every day if I cared about news.
ProjectArcturis 4y ago
I'm on my phone right now, and I can't even see a list of what data you have? What do you have that isn't already publicly available?
- krxhna 4y ago
  The data is all publicly available, what we are offering you is the time you'd save, and the analysis for example we offer industry averages, that is we calculated averages of industries and different sectors we you can do by your your but would take so much of your valuable, you can in the same way look up macro economic data, but you can look them up one by one, its painful and you can't really compare them and see the relationship between them to understand what'd going on
  - ProjectArcturis 4y ago
    ?? FRED is a great resource for macro econ. It has an API and also native support for plotting multiple timeseries against each other.
collegeburner 4y ago
is there a trial so i can compare against an actual bloomberg? might be nice since it doesn't come with the retarded machine lock-in/b-unit BS. also what's the policy on scraping/retaining data for internal use? is there a python API? and where do you source data? quote delay policy? p.s. for professionalism you might wanna crop the chrome bar and grammarly icon out of the sc on the front page. edit: just saw the demo policy, thanks man! is there any way i can go look at a company's debt offerings, converts etc?
- krxhna 4y ago
  debt and mergers are coming soon! thankyou for the kind words man, you're awesome and to be honest this won't match the functionality bloomberg has, as I designed it towards more of a non institutional crowd so the focus would be more on just equities and indexes mainly, i simplified as much as possible with this one
  - ricktdotorg 4y ago
    love the terminal!!! would love a quick way to see the latest forex currency prices. something like "FX/GBP/YEN" that would pull up the GBP-YEN price.
    - krxhna 4y ago
      forex is next! i'll also be including forex indicators as well, please tell me if you wanna see more live data will be available by nov 1 and indicators by nov 10
krxhna 4y ago
Thankyou so much for the support and kind words guys <3 so I'm making it completely free for next 3 days!! signup and no credit required!! everyone gets a pro account
StayTrue 4y ago
Nice site but would look more pro if the spelling errors were corrected.
- krxhna 4y ago
  thankyou man i'm working on fixing it
amir734jj 4y ago
I used to work in a large investment firm with billions in assets. We used Bloomberg API and Bloomberg terminals. It's near impossible to get rid of Bloomberg monopoly in this sector. It's not just data, it's access to data and chat early before something happens to the market. I remember there was a fire in California and before anyone (including major news networks) know who caused the fire they (Bloomberg chat) knew California energy company caused the fire. The companies that pay for Bloomberg terminals are making billions, paying $20k for one Bloomberg terminals is nothing for them.
- weird-eye-issue 4y ago
  This isn't for those companies.
  - infinite8s 4y ago
    Who is it for then? The people who will lose money to those companies?
    - panarky 4y ago
      Looks more like Yahoo Finance than Bloomberg Terminal. Maybe this is for people who hate all the ads and pop-ups at Yahoo.
- mistrial9 4y ago
  > knew California energy company caused the fire ok - but please be aware that determination of cause and origin of a major fire is similar to aircraft safety, rail safety or other .. actual liability is not obvious, and not a legal fact until it is written. second, there have been instances of corruption. The liabilities are very large. Bloomberg data might repeat market rumors?
  - weird-eye-issue 4y ago
    Legal fact doesn't matter one bit AT ALL to knee jerk reactions in the market. Obviously the people were trying to find out which company presumably caused the fire so they could short their stock. They might only short it for minutes or hours but getting in to that trade early is critical.
badinsie 4y ago
CSSer 4y ago
How does this compare to something like thinkorswim or tradingview?
- dQw4w9WgXcQ 4y ago
  2nd that, TOS is phenomenal software for being "free". Would recommend looking at it for inspiration.
CSSer 4y ago
Mobile text has some padding issues (resting against viewport).
adamw2k 4y ago
Good to see more of these coming out. I've toyed with https://www.koyfin.com/ https://www.koyfin.com/ in recent months too, quite good for macroeconomic data.
lmeyerov 4y ago
I've seen 10+ of these advertised this year despite not being in the space -- is there some shift that enabled them, like open pydata connectors 5 years ago and now enough steam that several have grown?
- ac29 4y ago
  Retail interest in investing went way up during the 2020-2021 bull market. Not surprising that a bunch of small software projects followed.
avip3d 4y ago
the z-index of the menu bar should be higher than the z-index of the rest of the page.
traceroute66 4y ago
Oh god, not another Bloomberg killer / competitor. Yawn. Look guys, its cool you're building this and all that, but please skip the whole Bloomberg comparison thing because you're only embarrassing yourself. I've had a fair bit of involvement with Financial IT over the years, and let's just be honest here. Bloomberg has no real competitors. For fixed-income (bonds etc.), Bloomberg is unparalleled. For everything else they have a vast and largely un-paralleled dataset. The nearest two real competitors to Bloomberg are Refinitiv (a.k.a. Reuters) and FactSet. Of those two, Refinitiv are the nearest to Bloomberg. But despite having spent many millions of dollars chopping and changing their product, they still don't have feature parity with Bloomberg. Eikon is a great product for sure, and if you're not trading fixed-income products then it will likely serve you well enough. FactSet lags behind Refinitiv. Its very much an equities focused product. Its not that bad, but still third-place. And that's it for the top tier. You have a few interesting players in the second tier (e.g. CapitalIQ and Infront). They do the job for people who can't afford top tier but still want quality. Beyond that, let's be frank, you start wading into the swamp of Bloomberg "killers" who are anything but. One of the main problems at swamp level is the lack of coverage. Generally you will find US data, maybe some Canadian, but beyond that you can generally forget about data outside North America, and if there is any, it will generally be limited and of low quality. Good data costs money. There's no escaping that fact. And that's why the top-tier financial vendors charge $$$$.
- krxhna 4y ago
  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
Merciernmon 4y ago
Reading the website gives me the same uneasy feeling as reading a scam email. - An absurd value proposition ("Like Bloomberg, but just $10-25 per month!") - English spelling/grammar errors littered throughout the copy - Unlikely claims about institutional ties (e.g. using Harvard's official logo)
- krxhna 4y ago
  im sorry i'm not really good with writing copy :') it's definitely not Bloomberg think of it like a lite version for Individuals investors, people in Harvard, Stifel really do use it haha i'm sorry about the bad first impression, I will try to fix it or seek someone's help to fix it, thankyou so much for the feedback
  - Merciernmon 4y ago
    Giving you the benefit of the doubt... If an institution (like Harvard or Stifel) really pays for your product, then you should write a case study.[0] That would be effective and honest advertising! However, unless the institution is paying, you shouldn't use its logo. E.g., if a college student signs up for an account, that's not the same as the college itself using or endorsing your product. [0] Here's an example case study from Patrick McKenzie (patio11): https://web.archive.org/web/20120211173734/http://www.google.com/adwords/conversionoptimizer/bingocard.html https://web.archive.org/web/20120211173734/http://www.google...
    - replwoacause 4y ago
      I’m assuming a student at Harvard signed up with their school email address, not that Harvard as an institution is using it.
- deleted 4y ago
  [deleted]
kristjansson 4y ago
On your pricing page, I think you mean “Trial”
eggy 4y ago
How does this compare to Tiingo or openbb?
insomniacity 4y ago
clark-kent 4y ago
Nice work. I'm working on something similar. Here is an example of Apple analysis on my product: https://decodeinvesting.com/ticker/AAPL https://decodeinvesting.com/ticker/AAPL. We have a leaderboard of the highest-ranked companies here: https://decodeinvesting.com/leaderboard https://decodeinvesting.com/leaderboard. This is only the MVP (still in beta). As others said, a free tier makes sense for your product so that users can test it before they buy. But depends on your operating costs. How do you source the data for the terminal?
milad-laly 4y ago
Cool idea tbh, something a lot nicer on the eyes compared to BT. https://gorillaterminal.com/pricing https://gorillaterminal.com/pricing By the way, slight spelling issue on the free 7 day trial one
missedthecue 4y ago
A lot of this info seems freely available on the net anyway, it just takes 2 or 3 clicks instead of one. Do you offer bond information and pricing? That's one of the the real benefits of a bloomberg terminal, and it's actually quite difficult to find information on specific corporate bonds on the internet.
llampx 4y ago
The "Reddit endorsements" section actually made me less likely to try your product out. The comments were middling and had no upvotes. Sorry but that's not the way to do social media endorsements. They should be full of praise and have tons of upvotes and awards.
- krxhna 4y ago
  thankyou, i really was just thinking about removing them, this is a great feedback thankyou

138 points by krxhna 4y ago

I made a site to do investment research faster and more efficent, with links to 10k 10Q, charts, industry averages, macro economic data, hedgefund reports and much more

lvl102 4y ago

OT but Bloomberg sucks. You can tell that they’re a monopoly by the fact that they haven’t innovated beyond what was an excellent terminal in the 90/00s. Now they’re just using market position to squeeze people for rent.

deleted 4y ago
[deleted]

kratom_sandwich 4y ago

Your previous submissions: https://news.ycombinator.com/item?id=32701555 https://news.ycombinator.com/item?id=32701555 (16 comments) https://news.ycombinator.com/item?id=32554793 https://news.ycombinator.com/item?id=32554793 (7 comments)

krxhna 4y ago
sorry about the repost, but i have added much more features and reduced pricing by a lot
- roflyear 4y ago
  Don't be sorry. I always wanted to work on a product like this, and I think it is very well done. Good job
- llampx 4y ago
  It would be good to add what changed in the comments when you put this on HN again.

neonnoodle 4y ago

I made one too: http://chart.business http://chart.business

tmnstr85 4y ago
This is the best. What a great API!
mysterydip 4y ago
I get that there's enough info on there that it should be done on a desktop, but I tried it on mobile (iphone) just to see it. It started out fine filling the screen, then every few seconds kept slowly expanding the display to the right. Some kind of screen resize check bug perhaps?
- dewey 4y ago
  > Some kind of screen resize check bug perhaps? Same here on Desktop Safari, not sure if that's part of the joke or a bug though.
mxuribe 4y ago
Great job all around! My favorite is the motivational (landscape) imagery and caption!
chirau 4y ago
is this read-only? Can you interact with this in any way?
- neonnoodle 4y ago
  >Can you interact with this in any way? No.

cmacleod4 4y ago

It does seem to have quite a bit of functionality, though obviously not in the same league as a real Bloomberg terminal. (I used to work on the Bloomberg software for online trading of bonds, repos, derivatives, etc.)

boppo1 4y ago
I wish there were a good way to get at all that data for individuals. Always wanted a job where I had a BB so I could just search around curiously in whatever financial asset area piqued me . Unfortunately I did not make the grades for it.
- sitzkrieg 4y ago
  you can certainly get most realtime market data for equities and derivatives exchanges but its not overly cheap or hobbyist tier by any means. for example dtn iqfeed is around over $100/m w realtime equities and futures, and really high quality data so depending on your focus (esp single segments) the data is very workable. but not many tools let your arbitrarily plugin various data providers

odiroot 4y ago

I just tried my usual "benchmark" stock, LHA.DE, and it didn't even find it.

krxhna 4y ago
I'm sorry, I'm assuming its a german company, for now the focus is on companies that are listed in the USA and ADRs that are traded in US exchanges

mcculley 4y ago

You need to work on the copywriting. There are grammar errors. (e.g., “and much more save time and more done”, “access things you in faster than ever before”)

krxhna 4y ago
ohmygod thankyou for pointing out, yeah i agree i'm more of a code guy :') i really should work and learn more on the marketing side
- tkk23 4y ago
  You can also pay somebody to check it.
pcl 4y ago
Here’s another, after logging in on mobile: You’re already logged in Naviate back to home page Should be “Navigate”
spants 4y ago
Here is another: Spelling of 'Equities' in Terminal

LeonM 4y ago

I tried clicking the 'get started' button, but it constantly jumps around as the text 'The terminal for X' was constantly changing and wrapping... Quite challenging!

krxhna 4y ago
oh no im so sorry what device were you using, i would like to fix it as soon as possible

monkin 4y ago

Isn’t community the single biggest advantage of Bloomberg Terminal? And no one is focusing on that, but on new fancy charts. That’s probably why Bloomberg doesn’t have real competition.

Jorge1o1 4y ago
I would have to argue that while community is a huge part (a lot of trades get done over IB), the biggest advantage is actually data. Bloomberg has all sorts of connections with hundreds of different economic data providers and news orgs — including some they they own themselves. It’s crazy how you can get CPI prints at 8:30:00.001 because presumably they have some embargo arrangement with the FOMC. They have a corporate actions database with hundreds of thousands of mergers, dividends, minority stakes, etc. They have millions of news articles, hundreds of thousands of securities, symbology for all of it. And don’t even get me started on the alternative data in Bloomberg: weather data, maritime ship position, satellite maps, polling data, crypto prices, corporate hierarchies, holdings/investor data, millions of bios, etc. It’s an empire of data and it’s all in one place.
- wjnc 4y ago
  It’s lock on data as well. On the one hand I hear all the 20-30 year olds complaining about BB on a daily basis and on the other hand we have million dollar models (in cost, billion dollar in value) locked-in on BB data sources. Just changing a data source is a major model change with god knows what hoops the regulator puts you through. So I just kindly explain to the youngsters there is a lot we can do for their happiness, but switching from BB is not one. Writing this I think some consultancy could specialize in the BB API. That’s all we need.
  - ethbr0 4y ago
    BB is an excellent and well-executed business model. 1. Do something that doesn't scale: provide clean, reliable feeds for everything + whatever new thing clients want 2. Package the above in a way that's easier to explain/sell: a device (and now, API) 3. Control the interface It establishes and grows a moat by 1. It eased sales and prevented competitors from stepping in between them and the customer (and therefore eventually being able to cut Bloomberg out) via 2 & 3. Consequently, it turns any potential competitor's value calculus into either (a) attempt to reimplement a subset of Bloomberg's offering, thus inviting the "Why not buy an integrated solution?" customer comparison and fighting against integrated pricing economies or (b) reimplement the entire Bloomberg offering from ground up, which is pretty much impossible. And the entire time a competitor is spending time and effort on (a) or (b), Bloomberg is collecting use patterns and new feature requests from its actual, day-to-day users.

seltzered_ 4y ago

How is it differentiating from https://openbb.co/ https://openbb.co/ (vscode based bloomberg terminal alternative) ?

eddyg 4y ago
Came here to mention OpenBB (free/open source) as well.
krxhna 4y ago
Yes, OpenBB is an amazing initiative but we are very different in the way we focus on user experience and journey tho we have terminal in the name its very much not like a terminal, its more like a search engine very intuitive, very user-friendly, very fast, all you have to do is search the stock name, and you'll have access to everything from annual reports to transcripts in less than 10 secs, that is not the case in OpenBB we have better powerful charts, we have better industry-level data, we have a macro overview section where you can analyze everything on a macroeconomic scale, we also have a biweekly digest helping our user navigate upcoming events if there is any, and important alerts on events like fomc meetings and such, and much more we do also have a terminal interface, where you can type commands to access everything even faster!!
- sexy_year 4y ago
  Hey, I come from OpenBB. The OpenBB Terminal is fully python based so that we can have the community working on the platform without needing to rely on other languages or frameworks. Having that said, we are currently working on a better frontend for less tech-savvy users. From your demo, it seems that it's not all integrated into your platform, so you are just opening a new tab to the corresponding data source. On our platform you get access to a very substantial amount of data, and we make it all integrated so that you can benefit from learning our infrastructure. You may argue that you get access to the data faster than OpenBB. But you are comparing opening a new window and url to processing data from a source and displaying into the same platform where the rest of the interface lies. A bit unfair. In addition, we double down on automation. So, the OpenBB Terminal actually allows you to automate your full investment research routine - which I think is something you can't do in any other platform, easily. In any case, good luck with the project!

PanosJee 4y ago

I am glued to Tradingview. Nothing comes close. Not even Bloomberg.

krxhna 4y ago
gorilla terminal charts are powered by trading view, think of trading with with more advance data that you need
collegeburner 4y ago
for ux or data? i've always found bloom has more of the long tail obscure data than anything else.
- krxhna 4y ago
  for just the charts, I tried implementing on my own , but it just wasn't it, trading view is the goat
boppo1 4y ago
Never heard of Tradingview (degree in finance, but no job experience in it). What does it have that Bloomberg doesn't?

simonebrunozzi 4y ago

Here's a suggestion for you: introduce a free tier, where a user can perform up to 100 searches per month, and has 50 terminal credits. You let people get a taste of it, without providing credit cards, etc. I would try it out immediately this way. Otherwise, I'm not giving you my credit card just yet.

krxhna 4y ago
Thankyou i'm actually planing on doing that aswell, as of now you can try it out without signing up by clicking on get started button, you get perform search and terminal queries free of cost, but what you're suggesting is an amazing idea aswell, increase the number of credits once people signup thankyou so much for that i will work on implementing that
dewey 4y ago
The usual problem with free tiers is that you get low qualify leads through it. Requiring a credit card increases the threshold and you get more qualified user into the funnel. Also makes it a bit harder for people to always sign up with new accounts to get the credits without converting.
- krxhna 4y ago
  this exactly was I was thinking, I really wanna build this into something with which everyone, even everyday people can do advance level analysis, but it just is not possible by keeping it free of cost
  - CSSer 4y ago
    What kind of commitment are we talking about though? It’s pretty hard to quickly tell if I’m in the target demo or not right now.
- jgalt212 4y ago
  > The usual problem with free tiers is that you get low qualify leads through it. Any B2B2C business could write a book on sourcing 1000s of low quality leads. It seems all the literature out there is geared towards sourcing B2C leads.

marban 4y ago

For news: https://biztoc.com https://biztoc.com

sabertoothed 4y ago
What a UI mess. I am not a terminal person but how the heck is my brain supposed to consume this front page. My eyes went crazy.
- betwixthewires 4y ago
  I find the UI quite pleasing and a breath of fresh air. Too many sites these days are mostly dead space. This is real busy, I'd check this every day if I cared about news.

ProjectArcturis 4y ago

I'm on my phone right now, and I can't even see a list of what data you have? What do you have that isn't already publicly available?

krxhna 4y ago
The data is all publicly available, what we are offering you is the time you'd save, and the analysis for example we offer industry averages, that is we calculated averages of industries and different sectors we you can do by your your but would take so much of your valuable, you can in the same way look up macro economic data, but you can look them up one by one, its painful and you can't really compare them and see the relationship between them to understand what'd going on
- ProjectArcturis 4y ago
  ?? FRED is a great resource for macro econ. It has an API and also native support for plotting multiple timeseries against each other.

collegeburner 4y ago

is there a trial so i can compare against an actual bloomberg? might be nice since it doesn't come with the retarded machine lock-in/b-unit BS. also what's the policy on scraping/retaining data for internal use? is there a python API? and where do you source data? quote delay policy? p.s. for professionalism you might wanna crop the chrome bar and grammarly icon out of the sc on the front page. edit: just saw the demo policy, thanks man! is there any way i can go look at a company's debt offerings, converts etc?

krxhna 4y ago
debt and mergers are coming soon! thankyou for the kind words man, you're awesome and to be honest this won't match the functionality bloomberg has, as I designed it towards more of a non institutional crowd so the focus would be more on just equities and indexes mainly, i simplified as much as possible with this one
- ricktdotorg 4y ago
  love the terminal!!! would love a quick way to see the latest forex currency prices. something like "FX/GBP/YEN" that would pull up the GBP-YEN price.
  - krxhna 4y ago
    forex is next! i'll also be including forex indicators as well, please tell me if you wanna see more live data will be available by nov 1 and indicators by nov 10

krxhna 4y ago

Thankyou so much for the support and kind words guys <3 so I'm making it completely free for next 3 days!! signup and no credit required!! everyone gets a pro account

StayTrue 4y ago

Nice site but would look more pro if the spelling errors were corrected.

krxhna 4y ago
thankyou man i'm working on fixing it

amir734jj 4y ago

I used to work in a large investment firm with billions in assets. We used Bloomberg API and Bloomberg terminals. It's near impossible to get rid of Bloomberg monopoly in this sector. It's not just data, it's access to data and chat early before something happens to the market. I remember there was a fire in California and before anyone (including major news networks) know who caused the fire they (Bloomberg chat) knew California energy company caused the fire. The companies that pay for Bloomberg terminals are making billions, paying $20k for one Bloomberg terminals is nothing for them.

weird-eye-issue 4y ago
This isn't for those companies.
- infinite8s 4y ago
  Who is it for then? The people who will lose money to those companies?
  - panarky 4y ago
    Looks more like Yahoo Finance than Bloomberg Terminal. Maybe this is for people who hate all the ads and pop-ups at Yahoo.
mistrial9 4y ago
> knew California energy company caused the fire ok - but please be aware that determination of cause and origin of a major fire is similar to aircraft safety, rail safety or other .. actual liability is not obvious, and not a legal fact until it is written. second, there have been instances of corruption. The liabilities are very large. Bloomberg data might repeat market rumors?
- weird-eye-issue 4y ago
  Legal fact doesn't matter one bit AT ALL to knee jerk reactions in the market. Obviously the people were trying to find out which company presumably caused the fire so they could short their stock. They might only short it for minutes or hours but getting in to that trade early is critical.

badinsie 4y ago

CSSer 4y ago

How does this compare to something like thinkorswim or tradingview?

dQw4w9WgXcQ 4y ago
2nd that, TOS is phenomenal software for being "free". Would recommend looking at it for inspiration.

CSSer 4y ago

Mobile text has some padding issues (resting against viewport).

adamw2k 4y ago

Good to see more of these coming out. I've toyed with https://www.koyfin.com/ https://www.koyfin.com/ in recent months too, quite good for macroeconomic data.

lmeyerov 4y ago

I've seen 10+ of these advertised this year despite not being in the space -- is there some shift that enabled them, like open pydata connectors 5 years ago and now enough steam that several have grown?

ac29 4y ago
Retail interest in investing went way up during the 2020-2021 bull market. Not surprising that a bunch of small software projects followed.

avip3d 4y ago

the z-index of the menu bar should be higher than the z-index of the rest of the page.

traceroute66 4y ago

Oh god, not another Bloomberg killer / competitor. Yawn. Look guys, its cool you're building this and all that, but please skip the whole Bloomberg comparison thing because you're only embarrassing yourself. I've had a fair bit of involvement with Financial IT over the years, and let's just be honest here. Bloomberg has no real competitors. For fixed-income (bonds etc.), Bloomberg is unparalleled. For everything else they have a vast and largely un-paralleled dataset. The nearest two real competitors to Bloomberg are Refinitiv (a.k.a. Reuters) and FactSet. Of those two, Refinitiv are the nearest to Bloomberg. But despite having spent many millions of dollars chopping and changing their product, they still don't have feature parity with Bloomberg. Eikon is a great product for sure, and if you're not trading fixed-income products then it will likely serve you well enough. FactSet lags behind Refinitiv. Its very much an equities focused product. Its not that bad, but still third-place. And that's it for the top tier. You have a few interesting players in the second tier (e.g. CapitalIQ and Infront). They do the job for people who can't afford top tier but still want quality. Beyond that, let's be frank, you start wading into the swamp of Bloomberg "killers" who are anything but. One of the main problems at swamp level is the lack of coverage. Generally you will find US data, maybe some Canadian, but beyond that you can generally forget about data outside North America, and if there is any, it will generally be limited and of low quality. Good data costs money. There's no escaping that fact. And that's why the top-tier financial vendors charge $$$$.

krxhna 4y ago
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

Merciernmon 4y ago

Reading the website gives me the same uneasy feeling as reading a scam email. - An absurd value proposition ("Like Bloomberg, but just $10-25 per month!") - English spelling/grammar errors littered throughout the copy - Unlikely claims about institutional ties (e.g. using Harvard's official logo)

krxhna 4y ago
im sorry i'm not really good with writing copy :') it's definitely not Bloomberg think of it like a lite version for Individuals investors, people in Harvard, Stifel really do use it haha i'm sorry about the bad first impression, I will try to fix it or seek someone's help to fix it, thankyou so much for the feedback
- Merciernmon 4y ago
  Giving you the benefit of the doubt... If an institution (like Harvard or Stifel) really pays for your product, then you should write a case study.[0] That would be effective and honest advertising! However, unless the institution is paying, you shouldn't use its logo. E.g., if a college student signs up for an account, that's not the same as the college itself using or endorsing your product. [0] Here's an example case study from Patrick McKenzie (patio11): https://web.archive.org/web/20120211173734/http://www.google.com/adwords/conversionoptimizer/bingocard.html https://web.archive.org/web/20120211173734/http://www.google...
  - replwoacause 4y ago
    I’m assuming a student at Harvard signed up with their school email address, not that Harvard as an institution is using it.
deleted 4y ago
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kristjansson 4y ago

On your pricing page, I think you mean “Trial”

eggy 4y ago

How does this compare to Tiingo or openbb?

insomniacity 4y ago

clark-kent 4y ago

Nice work. I'm working on something similar. Here is an example of Apple analysis on my product: https://decodeinvesting.com/ticker/AAPL https://decodeinvesting.com/ticker/AAPL. We have a leaderboard of the highest-ranked companies here: https://decodeinvesting.com/leaderboard https://decodeinvesting.com/leaderboard. This is only the MVP (still in beta). As others said, a free tier makes sense for your product so that users can test it before they buy. But depends on your operating costs. How do you source the data for the terminal?

milad-laly 4y ago

Cool idea tbh, something a lot nicer on the eyes compared to BT. https://gorillaterminal.com/pricing https://gorillaterminal.com/pricing By the way, slight spelling issue on the free 7 day trial one

missedthecue 4y ago

A lot of this info seems freely available on the net anyway, it just takes 2 or 3 clicks instead of one. Do you offer bond information and pricing? That's one of the the real benefits of a bloomberg terminal, and it's actually quite difficult to find information on specific corporate bonds on the internet.

llampx 4y ago

The "Reddit endorsements" section actually made me less likely to try your product out. The comments were middling and had no upvotes. Sorry but that's not the way to do social media endorsements. They should be full of praise and have tons of upvotes and awards.

krxhna 4y ago
thankyou, i really was just thinking about removing them, this is a great feedback thankyou