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Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

ipos.fyi

31–40 of 69 posts

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#31
post #7
post #5

I would love to get a free preview or 7 free days or something before I decide to pay. Would like to see what the content looks like :)

Heard this feedback from a few folks and definitely agree. How do you think I should differentiate the paid vs free option?

Perhaps make all the past notifications you generated fully visible with no login required. Nothing sensitive about the past? Show the dates you'd have sent the content and what it would have looked like. Would be good for SEO too I think.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#32
post #14
post #11

This is an interesting concept however I think it is priced too high. I also agree with others that it would be helpful to see what it looks like before signing up. Good luck!

Thank you for sharing this feedback, it's something I was wondering. My thinking for this pricing is that if you just act on one of the signals and are right, you will hopefully have a return of more than a year's worth of subscription costs YMMV

I think your pricing instincts are directionally correct. They may be off by a bit, but I don't think it's by a magnitude. Perhaps you settle at $15, but I think charging ~$2-5/mo for this would be much too little. Might as well hold at $19 for now and see how it goes. If you can't get early adopters at that price point I don't think pricing is your main concern. The pain is acute enough that any passable product should be in-demand.

For pricing context, FinViz elite (https://finviz.com/elite) costs ~$25/mo. Other, newer tools (Atom, Koyfin) are free. However, these are research tools, not notification tools. Anecdotally, notification tools seem to command higher prices.

I would guess that false negatives are your biggest churn risk. Meaning, subscribers will be angry if your list fails to cover one opportunity that they miss out on.

I think subscribers will (and should) also expect 0 downtime at this price. So, it may be better to focus on reliability over new feature rollouts. In this market, a plaintext email with companies, tickers, and list dates would be a significant upgrade over existing consumer (read: not Bloomberg) alternatives.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#33
post #2

A few times I saw news about a company that I liked and, upon Googling, noticed that it had gone public a few weeks prior. By this time, the stock had already shot up. So I set out to fix this problem and built IPOs.fyi. It's by no means finished but I am proud that I built my first software product and would love feedback. If you are interested, you can use promo code HN20 for 20% off the first month!

In addition to (or instead of) a 20% discount, a referral system might be interesting to you. 'Refer a friend and you each get one month free', or something to that effect.

Paid ads are pretty expensive in everything financial services because churns are low and thus LTVs are so high. So, if you want to grow this, paid ads will be tricky to make work. Never mind that you should stay organic as long as you can.

Serious investors seem to make a habit of knowing other serious investors. Often, in large quantities. There might be something interesting to explore there.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#34
post #25

I've been curious what the hypothetical outcome would be if you were to invest the same amount of money in every IPO for the past 30 years and sell at a fixed time 10 years later. Are IPOs underpriced, overpriced, or neither on average over the long term? How does the return compare to investing the same amounts into the S&P 500 or similar benchmarks over the past 30 years?

there is an ETF that does this, at 2 years rather than 10. https://www.renaissancecapital.com/IPO-Investing/US-IPO-ETF. Performance ITD has been worse than SPY until very recently when a lot of tech companies (incl IPOs) have had very strong performance... which is obviously why this thread is even happening.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#35
Nice idea! I think for people who constantly want to invest in the next big thing, this would come in handy.

As an aside, a good friend of mine warned me that investing at the beginning of an IPO generally is a bad bid. It's better to wait 1-2 years until the hype settles to fairly value a company and that is so true from my own experience with $SNAP, $UBER, $LYFT and $PINS.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#36
post #31
post #7

Earlier quoted context omitted.

Heard this feedback from a few folks and definitely agree. How do you think I should differentiate the paid vs free option?

Perhaps make all the past notifications you generated fully visible with no login required. Nothing sensitive about the past? Show the dates you'd have sent the content and what it would have looked like. Would be good for SEO too I think.

I think this is an interesting approach.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#37
post #34
post #25

I've been curious what the hypothetical outcome would be if you were to invest the same amount of money in every IPO for the past 30 years and sell at a fixed time 10 years later. Are IPOs underpriced, overpriced, or neither on average over the long term? How does the return compare to investing the same amounts into the S&P 500 or similar benchmarks over the past 30 years?

there is an ETF that does this, at 2 years rather than 10. https://www.renaissancecapital.com/IPO-Investing/US-IPO-ETF . Performance ITD has been worse than SPY until very recently when a lot of tech companies (incl IPOs) have had very strong performance... which is obviously why this thread is even happening.

Interesting... although 2 years doesn't seem like a meaningful enough time frame to capture real growth, only hype.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#38
I'd suggest putting the information directly on your site (at least the IPOs coming up in the next X days) and charge for the deeper access + email notifications. But that way people have a reason to visit your site even if they haven't decided to pay yet.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#39
post #14
post #11

This is an interesting concept however I think it is priced too high. I also agree with others that it would be helpful to see what it looks like before signing up. Good luck!

Thank you for sharing this feedback, it's something I was wondering. My thinking for this pricing is that if you just act on one of the signals and are right, you will hopefully have a return of more than a year's worth of subscription costs YMMV

I think if you are submitting a Show HN, it is frowned on if there is no way to see it without paying.

From the guidelines, although its not explicitly stated I would think your submission here is not really playing the game. Just a heads up (and I may be wrong, but that's been said before), best wishes with it anyway.

Show HN is for something you've made that other people can play with. HN users can try it out, give you feedback, and ask questions in the thread.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#40
post #14

Earlier quoted context omitted.

Thank you for sharing this feedback, it's something I was wondering. My thinking for this pricing is that if you just act on one of the signals and are right, you will hopefully have a return of more than a year's worth of subscription costs YMMV

I think if you are submitting a Show HN, it is frowned on if there is no way to see it without paying. From the guidelines, although its not explicitly stated I would think your submission here is not really playing the game. Just a heads up (and I may be wrong, but that's been said before), best wishes with it anyway. Show HN is for something you've made that other people can play with. HN users can try it out, give…

I appreciate this, I thought I was following the rules but it's possible I am not. I messed up with not having at least some kind of free tier, though I did add a email sign up to send to people when I do build it. Thanks for the heads up!
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