{"id":74640,"title":"Fluid Markets - Invest in Apple earnings, not Apple stock","tagline":"Fluid creates futures contracts on public company earnings and revenue that eliminate market risk","body":"Here at [**Fluid**](https://www.fluidinvesting.com/), we’re building futures contracts that enable **direct investments in the earnings and revenue of publicly traded companies, without taking any market risk**.\n\nFor example, **invest in Apple earnings**, **but not Apple stock. If Apple outperforms earnings expectations, you will make money.**\n\nToday, we're launching our beta in the form of a [paper trading competition](https://trading.fluidinvesting.com/)!\n\n**❌ The Problem: The Stock Goes Down, Even When Earnings Beat**\n\nInvestors model out revenue and earnings while determining the value of the underlying company. When quarterly statements are released, an investor's prediction about a component can be **correct**, but they can still **lose money** on the trade. Investors **cannot** accurately eliminate external risk through current hedging strategies.\n\n**✅ **[**Try it Out:**](https://trading.fluidinvesting.com/signup)** A Paper Trading Competition With Real Cash Prizes**\n\nOur trading competiton allows you to test our markets while we undergo regulatory approval.\n\nEach competition lasts 2 weeks, with cash prizes awarded to those who place within the top 10.\n\n**Home Page: Track Your Progress Against The Competition**\n\n![uploaded image](/media/?type=post\u0026id=74640\u0026key=user_uploads/858644/b988cf09-1c9c-42ae-ae68-dadca26ecda3)\n\n**Our Live Markets: Go Long or Short Earnings, Revenue, and More**\n\n![uploaded image](/media/?type=post\u0026id=74640\u0026key=user_uploads/858644/dade841b-c460-4516-b76f-66a00c34c31e)\n\n**Portfolio: Track Your Performance**\n\n![uploaded image](/media/?type=post\u0026id=74640\u0026key=user_uploads/858644/38891381-8f44-4bb9-9b74-51a449dc30f8)\n\n[**Start trading now!**](https://trading.fluidinvesting.com/signup)\n\n❓ **Ask:** If you are or know anyone who is a public equities investor, from hedge fund managers to asset managers to retail traders, please introduce them to Fluid!","slug":"JPs-fluid-markets-invest-in-apple-earnings-not-apple-stock","created_at":"2023-09-05T20:26:33.901Z","updated_at":"2026-09-19T01:02:40.284Z","total_vote_count":11,"url":"https://www.ycombinator.com/launches/JPs-fluid-markets-invest-in-apple-earnings-not-apple-stock","share_image_url":"//bookface-static.ycombinator.com/assets/ycdc/yc-og-image-c440a0ad1dacfb86eeeb343717479cc54d256614449b4ef719977a0a451f8bc8.png","company":{"id":27946,"name":"Fluid Markets","slug":"fluid-markets","url":"https://fluidinvesting.com","logo":"https://bookface-images.s3.amazonaws.com/small_logos/5b64061c291b764a8c38c8d8455f8d2aeeabbb5a.png","batch":"Winter 2023","industry":"Fintech","tags":[],"search_path":"https://bookface.ycombinator.com/company/27946"}}