[altdataseller]

Throwaway account.

I sell altdata on the side.

1. Biggest challenge: Generating awareness and attracting the first few sales were tough. Some customers ask for names of existing customers and want to buy from trusted vendors. Unlike any other b2b business, you probably won’t get many leads from blogging, or SEO.

2. Revenue model is subscription, usually annual payments. Not usage based just a flat fee per year.

3. Mostly hedge funds. A few research services.

I wouldn’t recommend starting this type of business unless you have a partner with a lot of connections. There’s very little word of mouth in this industry since it’s secretive by nature. Once you get 1 customer, they won’t tell anyone else about you (unless they move to another company perhaps)