Help me with my startup idea
Hello everyone. I'm an undergrad interested in the HF industry. I want to create a service (likely an app) that allows people, particularly college students, to put their money in, and invests it for them. There is a company, Titan, that does exactly this, except it is targeted at just everyday, normal people (not students). What kind of regulatory hurdles would I have to pass in order to do this? Would I need to take a series 65 exam?
Why would I, as a student, use your app instead of Titan?
Targeted marketing. Can't invest in titan if you don't know what it is.
If students are a good market for this kind of business, Titan will have easily realized this by now (based on demographic analytics from their IG ads) and are currently putting more money into advertising it to them than you ever can. Even if you're investing 100% of S&M spend towards students, and they're only investing 15%, they are eclipsing your student-targeted spend in absolute terms and will have much better recognition than you.
The goal here isn't to beat titan-- they're worth north of 300M. I just want to have a cool experience that shows interest in the hedge fund industry, and maybe make a couple of bucks while I'm at it.
Oh yes, let me hand over my money to a 15 year old who just wants to make a few bucks and demonstrate interest instead of a CEO who is putting their life into it
You don’t have to be the number one to make money, being the number 2 or 3 in a fast growing market can make you loads of cash. I don’t know if you’ve ever looked outside but there is more than one car manufacturer, more than one computer manufacturer etc. Would’ve thought someone working in PE would know that…
Can you point me to whatever OP said that led you to believe he could be #2 or #3 in this market?
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