"Age of Miracles"

Tegus: The Outsiders

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Sep 29, 2022
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INSIGHT

Platform Built From Primary Research

  • Tegus built a modern investment research platform by focusing on primary research and user-generated transcripts.
  • That library plus low-cost calls creates a durable, hard-to-replicate advantage for fundamental investors.
ANECDOTE

Founders Quit To Talk To Customers

  • Tom and Mike quit their jobs on September 11, 2015 to interview investors about research pain points.
  • Those conversations led them to focus on modernizing primary research instead of rushing to build product.
ADVICE

Design Product From Customer Constraints

  • Talk to customers extensively before building product; Tegus spent 18 months interviewing investors.
  • Use customer constraints (e.g., two-week lag) to design workable product features and contracts.
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