Navigating Challenges and Communicating Concerns in a Startup Environment

Hello everyone,

I work for a startup focused on trading bots, backtesters, and optimization engines for trading strategies. We're currently in the midst of developing a mobile app through an outsourced team in India. The app's primary function is to enable users to subscribe to our trading bot and implement the strategies we've developed. However, I've recently encountered a major concern:

  • Business Model : During a recent interaction with a finance veteran, I was confronted with doubts about the effectiveness and business model of trading bots. This individual, with 20 years of experience in finance and banking, questioned the reliability of trading bots. This has led me to reevaluate the potential success of our project and whether our investment is truly sound. Our company has already invested 25% portion of the budget into the app's development, which is concerning given the delay in completion and these emerging doubts. we still have to pay 75% but waiting for the final version

  • Unfamiliarity with the Codebase: I'm not well-acquainted with the backend, which is developed in Django – a framework I'm not familiar with. Despite my efforts to get more involved and understand the codebase, . Admittedly, I could have been more proactive in this regard, but I'm now feeling the pressure of my lack of in-depth knowledge in the code base.

How would you approach this situation? Any strategies for initiating a constructive dialogue with the manager? Your insights on handling such conversations and ensuring the project's success would be greatly appreciated.

TBH what I want is to drop working on the bot and focus on the backteseter. I don't think it's a good idea to focus on the bot and spend more money and time on it.

Thank you for your time and insights!

Best,

submitted by /u/ezio313
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