There has always been a vibrant ecosystem around financial data. Financial institutions, such as hedge funds and investment banks, pay thousands of dollars for quantitative tabular data (financial data in spreadsheets). But now, the web has provided a mechanism to distribute and publish large amounts of data, but much of this data is raw (meaning, it’s not built into a spreadsheet format) and hard to find in a Google search. And finding the data, and then putting the data into a format that is easy to digest can be a laborious task. Y Combinator’s Data Marketplace is hoping to change this by providing a platform where financial professionals can request data sets and then data aggregators/consultants can then find and format the appropriate data.
Congrats Bump team!!
Paul is speaking on the SXSW panel today at 3:30: "'Seed Combinators': Startup Incubators 2.0." Please join us immediately following the panel for a YC meetup at Submerged Bar (333 East 2nd Street). Paul and Harj will be hanging out-- as well as a bunch of YC alumni. Hope too see you there!
Though we were scheduled to respond today to summer 2010 funding applications, it looks like we are going to be about a day late. I got some kind of bug this week and was knocked out for a couple days, and that threw everything off. We're pretty sure we'll be able to respond to everyone tomorrow. Sorry about that.