Live data from Hacker News

Tell HN: Yahoo Finance has apparently killed its API

news.ycombinator.com

61–70 of 104 posts

Re: Tell HN: Yahoo Finance has apparently killed its API

#61
post #42

Earlier quoted context omitted.

Businesses can fail. That is true as well. I guess we should never build businesses.

That's a bit reductionist. I'm saying we should enter into formal contracts for services that are vital to the running of our businesses. That way there's more protection against getting the rug pulled out from underneath us.

That's easier said than done. Try getting a meeting with the VP of Facebook, who's bonus depends on increasing ad revenue for Fortune 500's with a $100 million dollar budget. Or plow through and take the risk, and be the next Buffer.

Re: Tell HN: Yahoo Finance has apparently killed its API

#62
post #25
post #2

If you built a business around data that you didn't explicitly have the rights to you built that house of cards yourself.

You realized that’s probably half of the startups and companies out there right?

That data is expensive. Do things the right way, or why not outsource your programmers to India while you’re at it then?

Re: Tell HN: Yahoo Finance has apparently killed its API

#63
post #41
post #29

Earlier quoted context omitted.

Most startups and companies (try to) act in good faith and will acquire a license. And, if they did not, they should foresee the legal and operational consequences.

Well YouTube was similar when it first started, no? People were uploading whatever they wanted, and eventually they rolled out DMCA takedown and reporting features for copyright infringement violations. Over time, the service was setup with a full feature set to handle all of this, but it didn't exist when YouTube first started.

I mean just because YouTube broke the rules and made it doesn’t mean everyone else will.

If you believe that, then... Wanna buy a lottery ticket from me?

Re: Tell HN: Yahoo Finance has apparently killed its API

#64

edit - hackernews apparently doesn't value new ideas.

Please forgive my ignorance, but what possible intersection is there between blockchains (method of immutably storing small quantities of data in a distributed fashion currently limited by power waste, slowness, and needed storage amount) and providing real data about real stock markets to real people (getting data with proper license and providing it to others on request, currently limited by legal means)?

Bitcoin futures on CME, coming soon. http://www.cmegroup.com/media-room/press-releases/2017/10/31...

Re: Tell HN: Yahoo Finance has apparently killed its API

#65

Earlier quoted context omitted.

Yes, IEX only. But still great service, great tools. All for free. I mean how often do you see websocket support? If you want or need high res quotes from all exchanges including options data, you can also take a look at Nanex http://www.nanex.net/ And thanks to everyone for posting great links ;)

What is the pricing like?

It is free (IEX).

Re: Tell HN: Yahoo Finance has apparently killed its API

#66
post #28

Earlier quoted context omitted.

That doesn't make it any less true.

Businesses can fail. That is true as well. I guess we should never build businesses.

The risks you take in your business should be calculated risks. 100% of your business on data you haven't somehow ensured access to? Bad calculation if you ask me.

Re: Tell HN: Yahoo Finance has apparently killed its API

#70
post #25
post #2

If you built a business around data that you didn't explicitly have the rights to you built that house of cards yourself.

You realized that’s probably half of the startups and companies out there right?

Sometimes a house of cards is exactly what you need to prove that it is a good idea. Then you can look for weaknesses and fortify the structure.

You just can't blame the wind when it comes and knocks down the house.

Also, I think half of startups and companies is a little bit high. I can't imagine that the majority of large companies are cool with this kind of risk.

Post reply on HN