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The user in question sells alt data. If they’re remotely competent at doing so, they have zero need to work at a startup much less a YC-funded one.
by meta2023 4y ago
The user in question sells alt data. If they’re remotely competent at doing so, they have zero need to work at a startup much less a YC-funded one.
- eloff 4y agoWhat's alt data? I've never heard that term before.
- sampo 4y ago"What Is Alternative Data and Why Is It Changing Finance?" https://builtin.com/fintech/alternative-data https://builtin.com/fintech/alternative-data
- yamtaddle 4y agoTL;DR: Info gleaned from just about any source other than company statements and market data, used to guide investment choices. This includes stuff like satellite imagery, which has been used for a long time for these sorts of purposes, but also e.g. social media trends. I guess the news is that there's more of it happening now, because the practice itself isn't new.
- eloff 4y agoFascinating.
- meta2023 4y agoSome tangible examples are: credit card transaction data, individual geolocation or foot-traffic data from mobile phone sdks or carriers themselves, receipts scraped/exfiltrated from email inboxes, individual browsing history, or highly targeted web scraped data. All "anonymized" of course.