TNW Index VS OpenStartup.dev

TNW Index

Keep track of companies & markets you care about

OpenStartup.dev

A collection of open startups

Landing page //
2023-09-15

Landing page //
2022-11-26

TNW Index features and specs

Targeted Support for Startups
TNW Index provides banking services and strategic support specifically tailored for early-stage startups, offering them resources that are often hard to find through traditional banking.
Access to Funding
The initiative aims to bridge the early-stage funding gap, providing startups with better access to the capital necessary to grow and scale their operations.
Network and Exposure
By being part of the TNW ecosystem, startups gain access to a network of investors, mentors, and industry leaders, enhancing their visibility and potential growth opportunities.
Innovation Focus
The service emphasizes support for innovative and tech-driven ventures, encouraging a forward-thinking entrepreneurial environment.

Possible disadvantages of TNW Index

Geographical Limitations
The service is primarily targeted at startups within Europe, which may limit its accessibility and benefits for non-European companies.
Selection Criteria
Startups may face stringent selection criteria, potentially excluding those that do not fit specific industry or innovation profiles that TNW and its partners are interested in.
Dependency on External Funding
Relying on such funding sources may lead startups to become dependent on external financial support, which could impact their long-term financial sustainability.
Potential Oversight for Niche Markets
While focusing on tech and innovation, startups in niche or less mainstream sectors might find it challenging to receive the same level of support from TNW Index.

OpenStartup.dev features and specs

Transparency
OpenStartup.dev promotes transparency by allowing startups to openly share their key performance data, financials, and strategies, which can build trust with their audience and potential investors.
Community Engagement
Startups can engage with a community of like-minded entrepreneurs and enthusiasts, fostering collaboration, support, and shared learning opportunities.
Accountability
By regularly updating metrics and performance data, startups hold themselves accountable to their goals and the community of followers.
Benchmarking
Access to other startups' data allows companies to benchmark their own performance against industry peers, helping identify areas for improvement.

Possible disadvantages of OpenStartup.dev

Privacy Concerns
Sharing financials and performance data openly can lead to privacy issues, as sensitive information might be exposed to competitors or malicious entities.
Potential Misinterpretation
Public data can be misinterpreted by the audience, leading to misunderstandings about the startup's actual performance or strategy.
Competitive Disadvantage
Competitors can gain insights into the startup’s operations and strategies, potentially leveraging this information to gain a market advantage.
Pressure to Perform
There can be increased pressure on startups to maintain favorable performance metrics due to public scrutiny, which might lead to short-term decision-making or stress for the team.

Category Popularity

0-100% (relative to TNW Index and OpenStartup.dev)

OpenStartup.dev

SaaS

60 60%

SaaS

40% 40

Social Networks

0 0%

Social Networks

100% 100

Startups

51 51%

Startups

49% 49

Investing

100 100%

Investing

0% 0

User comments

Share your experience with using TNW Index and OpenStartup.dev. For example, how are they different and which one is better?

Social recommendations and mentions

Based on our record, OpenStartup.dev seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

TNW Index mentions (0)

We have not tracked any mentions of TNW Index yet. Tracking of TNW Index recommendations started around Mar 2021.

OpenStartup.dev mentions (3)

Ask HN: Publicly Sharing Revenue?
This is called open startup.. you can see a list at https://openstartup.tm. - Source: Hacker News / almost 2 years ago
Ask HN: How much info should founders share with early stage employees?
I don't know about _fully open_, but I think Buffer is an example of a company that shares unusually much. https://buffer.com/resources/revenue-dashboard/ There's some sort of list at https://openstartup.tm/ but I think a lot of companies listed there are open with only select pieces of info. Both of these are about public sharing though. Employee sharing is trickier to know from the outside. Perhaps Valve... - Source: Hacker News / almost 3 years ago
Sourcehut's 2021 Financial Report
- https://openstartup.tm/ pros: if you're an early adopter, it's nice to know how the service you're investing time in is doing financially. One of the biggest risks of choosing a new/unknown service, as a consumer, is that it will fail/close and you'll have to migrate somewhere else. I think the open company movement has other benefits as well. Behind just financials, but companies sharing their employee... - Source: Hacker News / about 3 years ago