MAY 25, 2026 · BY Pranshu Mishra & Nalin Patel

The Letter We Had to Write Before We Could Ship

In June 2024, Pranshu and I launched Bayowl Investments. We sold trading terminals — systems that routed TradingView signals into MetaTrader 5 via webhooks. For a few months, people bought. For a few months, it worked.

Then the cracks showed. Webhook latency. Dropped signals. Trades arriving four to eight seconds late on a five-minute scalp. We were two founders trying to debug a real-time system we did not fully understand yet. The product was not the problem. The infrastructure was. And we did not know enough to fix it. By December 2025, we shut it down.

We took six months. Pranshu went back to the desk — back to the prop firm methodology, the institutional SMC framework, the discipline of professional trading. I went back to the code — to systems design, to what makes a trading engine run without failure for months, not days.

What came back is not the same product. It is not even the same idea.

[SECTION 1 — Why we started: the problem, the gap you saw in the market, why existing tools failed you. Expand from the opening above.]

[SECTION 2 — The first product: what you built, who bought it, what happened, the refunds, what that felt like. Be specific — how many customers, what the failure mode was, what you said to people when you gave refunds.]

[SECTION 3 — The six months of silence: the rebuild, what changed, who you brought in, what you had to unlearn. Be honest about what you didn't know.]

[SECTION 4 — What's different this time: the AI validation gate and specifically why it exists — what failure mode it prevents. This is the technical heart of the letter.]

[SECTION 5 — Who this is for, and who it isn't: the honest version, not the marketing version. Name the anti-personas.]

[SECTION 6 — The bar you set for yourself: what "done" means, what you won't ship without. Commit to something specific.]

[SECTION 7 — The close: if you've read this far, you should probably be on the waitlist. Here is why. Keep this one paragraph. No flourish.]

If you've read this far, you should probably be on the waitlist. Join the waitlist →