Alternative Economic Data Analytics Platform
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Alternative Economic Data Analytics Platform

Inspired by a conversation on:

Prof G Markets

Prof G Markets

Why the U.S. is on the Precipice of a Recession — ft. Mark Zandi

Host: Ed Elson

Timestamp: 00:55:40 - 00:56:09

Listen to Episode • View Podcast • All Ideas from Prof G Markets

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Feather Flow

Direct Quote

"We’re starting to think about how do we scrape websites, produce our own estimates of CPI."

Summary

The podcast discusses the growing concern about the reliability of economic data provided by government sources, particularly in light of funding cuts and potential biases. Entrepreneurs can create a platform that aggregates and analyzes alternative economic data from various online sources, including scraping websites for consumer pricing information, credit performance data, and other economic indicators. This platform would serve economists, researchers, and businesses seeking accurate and timely economic insights. By providing more reliable data, the platform could help users make better-informed decisions regarding investments, hiring, and pricing strategies, especially during uncertain economic times. Collaboration with universities and researchers could enhance the platform's credibility and data accuracy.

Categorization

Business Model
SaaS
Target Founder
Technical
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on August 29, 2025 • Analyzed on October 5, 2023 12:00 PM

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