In partnership with
Was this email forwarded to you? Sign up here
The demand is huge. The spend has been rising!
Data is the new oil, the new gold, the new infrastructure. Whatever data is, it is clear: data is in demand. The AI Labs, and the AI startups are buying everything and anything. We see it every week with Micro1 constantly talking about how much they are spending and how much they are buying. They event recently announce AI Agents doing the buying.
Data from dying businesses to recording the daily tasks of service workers, to alternative data, and everything in between. On top of that, new, modern, ai native data companies are finding more and more buyers. It is clear that everyone is sick of the contracts, terms, conditions, pricing, and slow, unproductive innovation of the incumbents in the data space. The hard part for data companies is that data takes time to build. Point-in-time data takes years to become valuable. Data takes trust, and earning trust takes years.
What is clear is that data can be created, cleaned, structured, and customized with AI agents, removing the need for tens of thousands of people.
Who is going to buy the old-school data vendors with 1000s offshore and replace them with AI agents? Which private equity companies are going to step up? Or will we see VC-backed data rollups? We have roll-ups in VC across wealth management, accounting and every service industry. Is data companies next?
The SPAC market is hot again, who is going to put together the next data roll up SPAC? We are also seeing the conglomerates start to spin off data assets. $SPGI ( ▲ 0.56% ) spun off their mobility data and there are rumors it may spin off CapIQ too.
The team at Social Leverage is investing in the data space with companies like Fiscal.ai and evaluating dozens of opportunities. We like the data space, we have the expertise, and we know the network of who the buyers and sellers are. I also started initialdataoffering.com many years ago to make it easier for data sellers to reach data buyers. We have seen a huge uptick in data vendors announcing new datasets on initialdataoffering.com, and the number of companies wanting to advertise or leverage the initialdataoffering.com API has been increasing every month.
If you are building in and around the space, reach out. If you are selling data, leverage initialdataoffering.com - its Free.
Where Quantitative Thinkers Compete, Learn and Grow
The International Quant Championship (IQC) is one of the world's largest quantitative research competitions, bringing together 156,000+ participants globally.
Participants have the opportunity to develop quantitative research skills, challenge themselves alongside peers from around the world and connect with a global community of quantitative thinkers.