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Startup of the week: HyperCharts

Hi IHs,
GrowthRanker is writing about one amazing startup that we find on IndieHackers each week. I'd love your feedback. This is the 3rd one. Here we go:

🎙 Startup of this week: HyperCharts

Stock market investing has become increasingly common for young investors as apps like Robinhood have made it easier to invest in public companies. The financial media is full of noise and hard to digest. HyperCharts is making it easier and entertaining to research financial metrics.

Just with a few clicks, you can view any public company's revenue data, expenses, growth, cash flow, and much more Demo video. HyperCharts, built to scratch an itch just over a year ago, now has over six hundred subscribers!

🎯 Target audience

@MoeSalih, a co-founder of HyperCharts, explains their target audience as individual investors interested in tracking their favorite public companies' financial metrics. This covers a broad range of individuals who are interested in making a data-driven investment decisions.

🚀 Initial traction strategy

HyperCharts' initial traction is from educational YouTube videos of public companies' financial analysis. Moe's co-founder, who founded the YouTube channel HyperChange, has over 140,000 subscribers and uses this channel to promote the platform.

Currently, HyperCharts is experimenting with additional growth channels, such as a 25% revenue-sharing affiliate program, paid advertisement, and more onboarding of more YouTube influencers.

📈 Revenue metrics

HyperCharts Revenue Metrics Monthly Revenue: $7,000/mo (Stripe-Verified)
Number of paying customers: 630
ARPU: $16
Churn: 5%

💡 Founder's vision

Moe's vision for 2021 is to grow the development team to build more financial metrics and features to the platform and add additional marketing channels, including paid and content development.

🔮 GrowthRanker Predictions

We tested HyperCharts when we found out about it. Being individual investors ourselves, we think this data is more than just investor's interests to learn about favorite companies. We believe the information provided can be game-changing for investors. With more aesthetically pleasing UI/UX and a mobile app, HyperCharts can be widely used by young and older investors.

HyperCharts has a solid foothold on YouTube as a marketing channel. GrowthRanker loves startups that start with marketing. We believe the potential of this channel is far more than its current growth.


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posted to Icon for group Growth
Growth
on February 5, 2021
  1. 2

    love hyperchange - didn't know he also worked to create this

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