Comment by manibatra | Hacker News Reader

Comment by manibatra | Hacker News Reader

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Thank you for checking it out. We totally agree with you. I think we should have spent more time getting the right market fit.

We want to make Finance as cool as programming. I think you pointed out the chief advantage yourself, books sometimes do get boring ( we love books but not everybody has the time or the inclination) . By making this platform we can have access to a much larger user base and just add a little bit of fun to sometimes not too exciting (but very essential) concepts of finance.

We have also thought about adding financial advisors ( WAY into the future), partnering with schools to bring this to teenagers who are about to leave for universities and guiding the audience to tools ( partnering with other companies that provide such tools ) or providing them with same tools.

But in the starting we want to stay focussed on just making educational content.The paradigm is shifting to learning stuff online and we hope to take advantage of that.

Got it. Now I have a harder question for you. I was just warming you up so prepare yourself mouhahahahaha (yeah.. That's my evil laugh) : How will you monetize it ? How will you fight the new trend: "Education should be free" ?

haha love it! the harder the better! :) The things that we have thought about right now are:

1. After we have built community trust, and become the go to place for financial education, we can bring in mentors who can offer personal financial advice on a 1 on 1 basis. 2. We can enter into partnerships with other applications that act as financial instruments but are not offering the financial know-how. 3. We can provide financial tools ( platform for investing n such) to people in the future. 4. We can license customized courses for school students and university students. 5. Freemium model where interesting and challenging projects are offered, which advanced students, would pay to do - and get mentoring on. 6. After we have built an audience we can also make money off digital advertising and sponsorship.

We know these are very broad and vague but this what we have so far. That is why in the starting we want to be laser focussed on building up the content. Would love to know your thoughts about it.

Actually this is quite concise in my opinion though I have few suggestions about each point:

2. With Investopedia maybe ? They have tons of great articles but they lack the fun and living part (which you can compensate!)

3. Like you said, you want to be laser focused on one thing and one thing only : teaching. Maybe you can partner with RobinHood ? Just don't do it yourself.

4. This. I would definitely pay for it.

5. Nope nope nope, as a young platform you want to get people come see you so I suggest maybe organizing some kind of competition where participants have to pay a fee, you take your % and you give the winner(s) the rest.

6. Sponsorship = good. Advertising = bad.

2. We actually thought of them as our competitors but that is a very intersting point of view.

3. Robinhood yea we would love to partner with them ( sounds like counting the chickens before they hatch but anyhow ). And yea our priority is and should be teaching.

4. Awesome!

5. That is a good idea. and yea the part of projects was way into the future and borrowed from Udacity, apparently a lot of people are paying for their Nanodegrees.

6. Yes and yes.

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