iBillionaire.api
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
iBillionaire was a New York fintech startup founded in April 2013 by Raul Moreno. Its free mobile app democratized Wall Street by showing how top billionaire investors — Buffett, Soros, Icahn, Dalio and others — invest: it mined SEC 13F and Form 4 filings to surface portfolio moves, stock picks and real-time alerts, and let users build portfolios to compare against the billionaires. It also offered a B2B developer API with billionaire-strategy data, and licensed the iBillionaire Index to Direxion for the iBillionaire Index ETF (IBLN).
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded; app launched
iBillionaire was founded in April 2013 in New York by Raul Moreno, launching the free app that translates billionaire 13F filings into a consumer interface.
- Index ETF launched
On August 1, 2014, the Direxion iBillionaire Index ETF (IBLN) launched, tracking the 30 stocks billionaire investors were allocating the most to; the app had over 150,000 users.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.