Great write up & very accurate detailing of the problem. While I was head of growth @ Kalshi (YC19) you would be shocked to discover how much we spent on data licensing.
> But, I started to get an idea of why there aren't great apps from indie developers focused on the stock market: getting quality financial market data is a nightmare. The good data you need for commercial use will cost $2,000/mon to start.
>I wouldn't ship an app with unreliable or inaccurate data. It never met my quality bar.
Stammys data challenges really resonated with me as I work to solve this problem for betting markets (instead of stock markets) with my new startup wagerapi.com
> But, I started to get an idea of why there aren't great apps from indie developers focused on the stock market: getting quality financial market data is a nightmare. The good data you need for commercial use will cost $2,000/mon to start.
>I wouldn't ship an app with unreliable or inaccurate data. It never met my quality bar.
Stammys data challenges really resonated with me as I work to solve this problem for betting markets (instead of stock markets) with my new startup wagerapi.com