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Tiingo – Pay-what-you-want “high-end” financial tools

163 点作者 brbcoding超过 9 年前

10 条评论

jeremyt超过 9 年前
I have very mixed feelings about this.<p>This seems like a very weird pricing strategy on the one hand and a very weird charitable strategy on the other.<p>Frankly, the last thing poor people need is free access to high-end stock trading tools so they can piss away their money on losers and transaction fees.<p>This seems about the same as offering poor people free rides to the gas station so they can buy a lottery ticket. I mean, you&#x27;re giving them a free ride, but to what end?
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Abundance超过 9 年前
I admire the intentions and the hard work behind this however...<p>The issue I have with pay-what-you-want or low revenue business models is they&#x27;re unsustainable.<p>Either declare something a passion&#x2F;charity project and make it complete free (but perhaps open to receiving donations) to properly set users&#x27; expectations or monetize it.<p>I takes a lot of time to develop and maintain complex technology like trading tools.<p>I don&#x27;t know what the founder&#x27;s background is. However, if he makes good money from other sources, after the initial euphoria of sharing his tools with the world goes away, he&#x27;ll have stay motivated doing the grunt work to maintain it. And pay out of pocket for expenses and the value of his own time a PWYC pricing model likely won&#x27;t cover.<p>Making money (and a profit) isn&#x27;t evil or bad, it&#x27;s necessary both to see if your market (and audience) deems your product worth developing and to keep yourself motivated (and compensated fairly enough) to work on something.<p>A lot of companies have shut down due to lack of funds (or the ability of makers to go without making much money). It&#x27;s risky for an user to try a product with a tenuous future, come to base their work flow on it only for it to be closed down down the road. Especially with something like trading.
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voisin超过 9 年前
What&#x27;s the data source for the fundamental data and how reliable is it (considering it is free)?
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BrooklynRage超过 9 年前
This is super cool. I&#x27;ve played with Bloomberg terminals a few times at hackathons &amp; job fairs, and this has a very similar feel.
cschmidt超过 9 年前
Isn&#x27;t tingo.com going to send you a cease and desist at some point? Seems like you need a new name.
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logn超过 9 年前
On pay-what-you-want pricing, can you deduct that from income if you&#x27;re a business? Might be better to have business pricing, personal pricing, and demo&#x2F;free pricing, and just rely on an honor system for people to select which bucket applies to them. But if you only expect people to pay a small amount, then I doubt tax deductions are much of a concern.
TaylorSwift超过 9 年前
For these fields: <a href="http:&#x2F;&#x2F;imgur.com&#x2F;EPCL65s" rel="nofollow">http:&#x2F;&#x2F;imgur.com&#x2F;EPCL65s</a><p>Having a link to those numbers as supporting backup would be convenient, such as the 10-K.<p>I think it is nice to have a quick confirmation, as well as reading other information that the quote provides (footnotes, prospectus, 8-K)
intenscia超过 9 年前
Quite like this idea. Whilst this kind of information maybe dangerous, I like the fact that anyone can access it
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infinite8s超过 9 年前
Given the pay what you want, pricing how will you prevent hedge funds and such from utilizing your data?
pbreit超过 9 年前
&quot;high end&quot; and &quot;pay what you want&quot; don&#x27;t ordinarily go together.
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