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Launch HN: Alinea (YC W21) – Invest in stocks you believe in

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Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#91

Post by Blahah »

Impossible wrote: post #83
philip1209 wrote: post #52

Alinea is also a three-Michelin star restaurant in Chicago. I don't think names need to be 100% unique, but in the case of targeting wealthy investors - I'd assume they're one of the most likely groups of people to already think of "Alinea" as a restaurant. Plus, Alinea is involved heavily involved in tech via Tock.

I thought this initially ("why is Alinea on HN?"). Name clashes are common in startups though (Robinhood Markets vs World Wide Robinhood Society and Clubhouse vs. Clubhouse Software), especially when it's a common word in an unrelated industry.

Robinhood is a particularly silly choice of name, because he was a figure of historical significance, continues to be a figure of cultural significance, and the name carries connotations about values, mission and impact with which practically every organisation using the name is jarringly at odds.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#92

Post by kevsim »

icedchai wrote: post #90
loceng wrote: post #34

Earlier quoted context omitted.

I don't understand the downvotes you're getting or the negativity in the comments. I've never heard of Alinea - the restaurant before - and it's really strange that people are being anal about someone else using the name for a completely different industry - it won't be confusing to anyone.

Here's a simple test I always use when figuring out if a name is good and not confusing: Google it. If you search for "Alinea", what do you get?

Does that really work though? What about mega companies with very common word names? Segment, Zoom, Stripe, etc.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#94

Post by tptacek »

kevsim wrote: post #92
icedchai wrote: post #90

Earlier quoted context omitted.

Here's a simple test I always use when figuring out if a name is good and not confusing: Google it. If you search for "Alinea", what do you get?

Does that really work though? What about mega companies with very common word names? Segment, Zoom, Stripe, etc.

It would be a bad idea to name your next tech company "Stripe" (or your next restaurant, for that matter; ew.)

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#95

Post by mfrye0 »

This is great. I've been thinking about hacking something like this together for myself for awhile now.

Part of my interest in this is that I'm sitting on a bunch of company data already - both public and private companies. I'm the founder BigPicture, a B2B sales tech startup, where we had to acquire similar data sets to power our product.

Basically, we got sick of paying Clearbit for the data, so we ended up building our own thing. Here's our API docs that shows a sample of what we have: https://bigpicture.io/docs/enrichment/company/

Getting this data is a pain in the ass, so if you're interested, I may be open to partnering in some capacity. My email is michael [at] bigpicture.io

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#96

Post by donnythecroc »

sjwalter wrote: post #56
anamlakhani_ wrote: post #40

Earlier quoted context omitted.

Currently, we are seeing that retail investors aren't doing any research at all, especially young people are relying on social media and memes to make investment choices which can be dangerous. EBITDA is important and it's a hard concept to understand for those who aren't familiar with finance - that's why we offer digestible insights to make it accessible. Analyst reports are very long to sift through and most peopl…

Is it possible you're training your users to become even more susceptible to other investment scams? At the end of the day, the fact is that securities analysis and investing savvy is a sophisticated skill requiring many years of study before any kind of +ev outcome can be expected. In a way, this is one of the biggest reasons I think the move from private pensions to 401ks and the like has been a gigantic disaster.…

Commoners!? Wow, just wow. You sound like exactly the kind of hedge fund snob wsb is taking down.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#97

Post by allenu »

recursive4 wrote: post #68
sjwalter wrote: post #56

Earlier quoted context omitted.

Is it possible you're training your users to become even more susceptible to other investment scams? At the end of the day, the fact is that securities analysis and investing savvy is a sophisticated skill requiring many years of study before any kind of +ev outcome can be expected. In a way, this is one of the biggest reasons I think the move from private pensions to 401ks and the like has been a gigantic disaster.…

I share these curiosities and agree with the sentiment that something that requires skill to de-risk should not simply have its perception of risk lowered but actually educate. This is likely a contrarian view, but there is a benefit in novices losing non-trivial amounts of money so that they learn risk avoidance and develop a respect for expertise & experience. It's no different from how children learn from mistakes…

I think it depends ultimately on the target audience of tools like this. If the target audience are people with a steady income flow that can bounce back from losses, then mistakes along the way are useful long-term. On the other hand, if the target audience is made up mostly of people who don't have the luxury of bouncing back, then those mistakes will be devastating.

It's definitely a fine balance for a product like this. You want to make investing feel "easy" but not so easy that it seems like all it takes to make money is to read a few bite-sized tidbits about a company, thereby increasing the risk-taking behavior.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#98

Post by [deleted] »

Blahah wrote: post #91
Impossible wrote: post #83

Earlier quoted context omitted.

I thought this initially ("why is Alinea on HN?"). Name clashes are common in startups though (Robinhood Markets vs World Wide Robinhood Society and Clubhouse vs. Clubhouse Software), especially when it's a common word in an unrelated industry.

Robinhood is a particularly silly choice of name, because he was a figure of historical significance, continues to be a figure of cultural significance, and the name carries connotations about values, mission and impact with which practically every organisation using the name is jarringly at odds.

[deleted]

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#99

Post by maldini94 »

superdimwit wrote: post #47
ForrestN wrote: post #4

Does this have any relation to the world-famous restaurant, sometimes in the past ranked as the #1 restaurant in the world, of the same name?

It's also the name of a very popular french furniture chain

Also the biggest provider of educational aid for elementary school in Denmark

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#100

Post by klmadfejno »

donnythecroc wrote: post #96
sjwalter wrote: post #56

Earlier quoted context omitted.

Is it possible you're training your users to become even more susceptible to other investment scams? At the end of the day, the fact is that securities analysis and investing savvy is a sophisticated skill requiring many years of study before any kind of +ev outcome can be expected. In a way, this is one of the biggest reasons I think the move from private pensions to 401ks and the like has been a gigantic disaster.…

Commoners!? Wow, just wow. You sound like exactly the kind of hedge fund snob wsb is taking down.

I don't see anything inaccurate or insulting about referring to people without financial education or experience as commoners in the context of finance.
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