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Comment by iav | Hacker News Reader

As someone who’s used Bloomberg in a professional setting, this is more like 1% of the data for 5% of the cost. This doesn’t even have an Excel plugin or any other API. For people looking for an alternative, I recommend Refinitiv Eikon, which actually is 90% of the data for 50% of the cost and it has a native Python API and no rate limits on data.

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Thanks for the feedback. We built this primarily for people who will use it to make informed trades, not plug it into code.

That said, we willl have Excel integration upon launch, and will be adding API accessibility over time.

Refinitiv is a good option if you feel the $12,500 cost per year makes sense for you. We're building this for people for whom it doesn't.

It doesn’t matter. Bloomberg has an insane amount of into. Corporate fundamentals is a fraction.

You really ought to consider changing your tagline. The product looks great, but I expected something very different. If you call yourself a Bloomberg killer, you should at least have a fair bit of functionality to compete with.

If anybody here is interested in this kind of data as an individual non-professional investor, Refinitiv Eikon is resold by Metastock under the "XENITH" name [0] for $1800/yr.

It's not cheap but it's certainly more affordable than the $10-20k these products usually cost.

The only limitation I really encountered was that there's no API access so Jupyter notebooks and the like are out. The Excel plug-in works quite well though.

[0]: https://www.metastock.com/products/realtime/xenith/

I was about to say. Stating that the product achieves 90% of the Bloomberg terminal made me immediately lose interest. They lost my trust at the first sentence. Long time terminal user here.

> this is more like 1% of the data for 5% of the cost

And quality of data is unknown. If they collect if from some other low price providers, data quality can also be low.

Bloombergs data isn't exactly stellar half the time either.

Ah but no one ever got fired for using Bloomberg data in their app

Capital IQ is also pretty good, although not as good as Bloomberg.

CapitalIQ is a good product, but it costs about $12,000 per year. We aim to have similar, if not better, functionality, for $99 per month -- a 90 percent cost saving.

Ex CapIq employee here. CapIQ has a massive 3000+ team in India to clean data when I was there.

That's a bold claim. Care to share how you aim to achieve that with similar data quality?

If you are getting earnings from SEC then you’ll have US only and it’ll arrive a week after they are announced (unless you have a human listen to the earnings call and input them).

I used to work in RT-TREP team at Thomson Reuters. 90% is a bold claim. They had an entire floor in different countries working on particular component.

Ditto. I use the Bloomberg terminal in a professional setting too. We buy it for the data, this barely has any it looks like.

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