My friend Roger Ehrenberg launched Monitor 110 today and we interviewed him on Wallstrip. He and his partner Jeff Stewart are Wallstrip angels.
Roger blogs at Information Arbitrage .
They have been covered in Tech Crunch back in late 2006.
Hedge Funds will pay big bucks for an edge and more important, an edge delivered in a “less is more” way.
Well, don’t get me wrong, but i fail to see what Monitor100 is able to deliver that other services like e.g. http://www.watchthatpage.com do not deliver already today for much lower costs.
I know from my own experience that quite some traders are not too tech-savvy so I can imagine them buying into that story, especially if they belong to that type of information junkies who believes that the perfect strategy is just a matter of crunching and extracting masses of data.
But then again, I fail to see where they did spent all that money when they failed to hire a decent designer for their animated presentations ;)
So, don’t get me wrong, I wish them the best but unless I did not miss a big point here I would not put any money on that horse being a winner.