7
S&P Global tried to press my startup for democratizing financial data
r/SideProject
5/22/2025
SAAS TOOLS
| SaaS | URL | Category | Features/Notes |
|---|---|---|---|
| Value Sense | https://valuesense.com | Financial Data Platform | Free access to company-specific KPIs for retail investors |
| CapitalIQ | https://www.capitaliq.com | Financial Data Platform | Charges tens of thousands of dollars for data access |
| Bloomberg | https://www.bloomberg.com | Financial Data Platform | Charges tens of thousands of dollars for data access |
USER NEEDS
Pain Points:
- High costs of financial data access
- Lack of transparency in financial data
- Unequal access to investment tools
Problems to Solve:
- Democratizing access to financial data
- Reducing costs for retail investors
- Leveling the playing field for investment decisions
Potential Solutions:
- Free access to company-specific KPIs
- Open data platforms for retail investors
- Challenging traditional financial data gatekeepers
GROWTH FACTORS
Effective Strategies:
- Disrupting traditional financial data industry
- Leveraging social media for marketing
- Building community around financial transparency
Marketing & Acquisition:
- Social media tagging of competitors
- Publicly comparing services with industry leaders
- Building brand around democratization
Monetization & Product:
- Free access model for core data
- Challenging traditional pricing models
- Focus on retail investor market
User Engagement:
- Building community around financial transparency
- Engaging with users through social media
- Creating content around financial data democratization