The Economics of Data Businesses

Data's becoming a hugely important aspect of this business. Again, an individual can tie into data streams from various outlets, be it social media, be it streaming, but the ability to capture a full picture, looking at the physical, looking at the global data, looking at every outlet, again, when I have 39, 40% market share in a market, I get data... See more

Enterprises move slow. The beauty of it is if you crack the code and you get in, it’s harder for them to throw you out. So that’s 1, they just move slower. Second, they’re super freaked out about the privacy and security of their data. Everybody’s been talking about data for 10, 15, 20 years. I just realized how valuable my data actually is. I’m si... See more