I've been in the data game from all angles for a long time--user, consumer, creator, vendor, investor, board member. It is hard to overstate how nice of a job you did framing it all out in this note. Thank you for the gift.
This is an incredibly comprehensive and well written overview of data as an asset. Your framework and analysis was an education for me. This is something I will save for the future. Thanks very much.
Fun fact on commonly used quote “data is the new oil” - it was coined by mathematician Clive Humby. Here’s the full quote:
“Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity. so, must data be broken down, analysed for it to have value.”
Awww yeah
Excellent article ! Learned a ton. Thanks for sharing. 💪🏻
Hey Thomas...Enjoyed this one...Excellent...Kumar.
Awesome really enjoyed your insights on data as an asset!
I've been in the data game from all angles for a long time--user, consumer, creator, vendor, investor, board member. It is hard to overstate how nice of a job you did framing it all out in this note. Thank you for the gift.
Thank for you the kind words! Much appreciated :)
Great article. I've worked in data all my life, this is one of the best articles I've read on the subject
Thank you!
Gets better every time!
This is an excellent overview, thanks for sharing! Remind me of another excellent post on Data moats by Travis May.
Great essay! Not a well covered industry
Will the rise of AI, will we see tech companies closing down access to their APIs?
They can either monetise data via licensing to AI or keep internal to guard their secret sauce
Kind of what Reddit did with their APIs
another gem. thank you for writing this!
Thank you! It was a fun one to write :)
Really a cool article or better an essay. Thanks Abraham for sharing so valuable insights!
This is an incredibly comprehensive and well written overview of data as an asset. Your framework and analysis was an education for me. This is something I will save for the future. Thanks very much.
Thank you for the kind words!
Superb read
Genius 💪
Fun fact on commonly used quote “data is the new oil” - it was coined by mathematician Clive Humby. Here’s the full quote:
“Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity. so, must data be broken down, analysed for it to have value.”
Source: https://www.forbes.com/sites/nishatalagala/2022/03/02/data-as-the-new-oil-is-not-enough-four-principles-for-avoiding-data-fires/?sh=36341664c208
great overview