Andy Swan

We can graph those out.

We can look for big shifts in consumer behavior and say,

you know, alert to our professional clients.

Look, you might want to take a look at Weight Watchers.

It is, you know, we're seeing a lot more people talking about subscribing to Weight Watchers this quarter than in prior first quarters of other years.

We think there's something big there.

And so we sell that data to hedge funds, quant funds, and, you know, that's how we make a buck.

Yeah, we have several different layers.

So some clients don't have the ability to take in an API fee.

They don't have the computing power.

And so that's what we call like folio on demand.

It's a subscription service monthly around $2,000 a month.

And then for quantitative funds that do have extreme computing power, we have a very robust API that they can subscribe to that runs anywhere from $100,000 to $300,000 a year.

Yeah, that's true.

I would also say that, you know, to be fair, we just launched the Likefolio on-demand model where we're servicing these smaller boutique type of hedge funds.

And so it could turn out, because there's so many more of them, there's, you know, 10,000 to 13,000 of those, whereas the quantitative funds, there's maybe...

30 to 50.

So it could turn out to be the bigger piece of a revenue in a couple of years.

I'm not sure.

We do not disclose that ever.