What a crazy fall it has been for the Tracour team. After showing off our alpha build at TechCrunch Disrupt in San Francisco, the following weeks are things most dream about and our momentum, internally, has only grown after receiving initial feedback.
Directly following Disrupt, we had several investors eager to learn more about the tool, our direction, our backend, and frankly, how we were going to build out this tool with such a small team. After showing them what we built in a small time window, many were impressed, and some, were ready to write checks…big checks.
Taking money for a startup, at least at this stage, is not a congenial process as it is easy to get lost in all the 000s of a huge check. After all, taking money is not about building a product; it’s about taking on a partner who will be a part of your company until they either cash out or your crash into the ground. And because we know that we can run lean and that cash-burn is something all startups fear, we turned down capital (for now)…easily the hardest decision we have had to make.
Beyond the capital, we are working on our new UI and what you see on our front page, is the alpha build of the product. Below is a small snippet of our design that will be part of our beta that we will be launching in the near future, probably not as near as you all would like, but we have to get our algorithms locked down, which is not as easy as you would think.
Tracour is coming together nicely and early indications are that the tool works, and it works well. While certainly not perfect, having early insights into market movements is showing promise. And that’s what we set out to do, give you solid statistical information in a way that is easy to understand and more importantly, actionable.