What Makes Data Valuable: The Truth About Data Network Effects
At least once a week I have a pitch meeting with a Founder who says “We’re going to collect a ton of data, it’s going to be really valuable. We’re going to build a data network effect.” Really? Data is not inherently valuable. Most data doesn’t produce a real data network effect, and most data network […]

Get Learn Progress

in your inbox

no spam, just juicy content

Hussein Hallak

What Makes Data Valuable: The Truth About Data Network Effects

At least once a week I have a pitch meeting with a Founder who says “We’re going to collect a ton of data, it’s going to be really valuable. We’re going to build a data network effect.”

Really?

Data is not inherently valuable. Most data doesn’t produce a real data network effect, and most data network effects aren’t that powerful even once established. Consider the idea that your data strategy, in terms of value creation, is overrated. It can be powerful, but it’s typically not.

I know that’s a sobering thought. But in order to build a lasting business, we need to understand the realities and nuances of what makes data valuable.

Let’s lay out what’s exciting and real about data defensibilities.



The only startup course inspired from the experience of helping more than 3500 entrepreneurs of which 300 have grown their startups to Seed and Series A stage and raised over $300 Million in funding.


Leave a Reply

Your email address will not be published. Required fields are marked *

×
×

Cart