Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
These releases usually happen after trading hours, so instant analysis isn't super helpful for making trades.
Show HN: I built an AI tool to analyze SEC filings the minute they're released
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Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#32Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
Typically, you won't be able to make any trades for hours after the info is released anyway.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#33I like seeing trading tools released. Kudos. Barriers are falling, fees and such. APIs popping up and interest in markets growing. I'd be bullish on retail trading and its healthy future.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#34Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#35Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#36Have you tried selling to high-frequency traders / hedge funds? If they bite, it's probably not even worth having a low-cost/self-serve tier.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#37Have you tried selling to high-frequency traders / hedge funds? If they bite, it's probably not even worth having a low-cost/self-serve tier.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#38Have you tried selling to high-frequency traders / hedge funds? If they bite, it's probably not even worth having a low-cost/self-serve tier.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#39You are charging way too much and offering too little. $29/month to track 15 companies, $89 to track 50, and "Contact sales" for unlimited. The "AI Analysis" you have is too brief and doesn't tell me anything useful as an investor. Compare this to what https://quartr.com/products/quartr-core is offering for $20/month. I know how difficult it is to build a tool like this and you've done a decent job. Just doesn't make…
Pricing for these services is not cheap, given it can be very helpful for professional traders.
(I’m no professional trader, and not even a trader. I just sometimes want to search for interesting things in transcripts, when I research a topic. I would pay for a decent service offering full text search for transcript search, to use it a few times per month (or perhaps even less frequently). Still not found a product that does it at a sensible price point for my use case - likely because my use case is not worth building a business on.)
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#40Have you tried selling to high-frequency traders / hedge funds? If they bite, it's probably not even worth having a low-cost/self-serve tier.
Everyone who is anyone in the finance space has been doing stuff like this since way before LLMs were a thing, and they've put a lot of time and effort into their tools. This suggestion is kind of like saying you should try to sell your lemonade stand to Coca-Cola.
With that said, I agree that hedge funds probably already have their own internal versions of this.