Derek Capo
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we're okay.
You know that this is gonna work.
It's just gonna take time, right?
Oh, so in the beginning, we're gonna do subscriptions.
Actually, membership subscriptions.
So the goal is that people are gonna want this information and think it's valuable.
And then eventually, we're just gonna charge $99 for a yearly subscription.
And so the goal is, um, the thing is like Yahoo finance with about 40 million people from the United States alone visits their website, uh, 70 million people worldwide.
The thing is the information that they're getting from Yahoo finance is horrendous.
And so that we feel like there's a lot of misinformation.
There's a lot of opportunity to get from Yahoo finance to start to look at other websites that would help people to make just better investment decisions.
Got it.
The initial version is to make subscriptions, but if the algorithm fails,
it really starts to really predict as much as what we want it to predict, then we can eventually start a fund.
We can eventually put in our own money, you know, and then eventually we can prove, we can backtest it and even prove it, you know, currently and say, listen, this algorithm actually really, really works.
Uh, we've been able to get X amount of return with X amount of risk in the portfolio and we're able to do something.
So whether it can grow into a membership site, that'd be great.
But if it can actually turn into an actual fund where it could, you know, it could turn into an actual ETF or an index or whatever it is, and we can, we can do whatever we want.
They can connect with me with Twitter, or they can just email me at Derek at Ethan.com.
And they can just send me an email.