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Derek Capo

๐Ÿ‘ค Speaker
302 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

So we're okay.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

You know that this is gonna work.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

It's just gonna take time, right?

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

Oh, so in the beginning, we're gonna do subscriptions.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

Actually, membership subscriptions.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

So the goal is that people are gonna want this information and think it's valuable.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

And then eventually, we're just gonna charge $99 for a yearly subscription.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

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.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

The thing is the information that they're getting from Yahoo finance is horrendous.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

And so that we feel like there's a lot of misinformation.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

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.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

Got it.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

The initial version is to make subscriptions, but if the algorithm fails,

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

it really starts to really predict as much as what we want it to predict, then we can eventually start a fund.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

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.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

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.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

So whether it can grow into a membership site, that'd be great.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

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.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

They can connect with me with Twitter, or they can just email me at Derek at Ethan.com.

SaaS Interviews with CEOs, Startups, Founders
From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

And they can just send me an email.