VanDevender: Defensive data moats are oversold and mostly noise
Aaron VanDevender · 20VC: Founders Fund's Chief Scientist on Why AI Is Mostly A Scam, Why The Value of Large Datasets Is Mostly Overplayed & The Societal Effects of 4m Truck Drivers Being Unemployed with Aaron Vandevender · Oct 16, 2017 · at 12:21
Aaron VanDevender, Chief Scientist at Founders Fund, challenges the popular venture capital narrative that large proprietary datasets provide startups with strong competitive moats.
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“Most of the data sets out there or the defensibility data sets out there I think are oversold. There is this very, it's a very compelling, very tantalizing notion that, oh, I just have so much data, and nobody else has it, and therefore it must be special, but most of the data out there tends to be noise, and it's just a burden to process.”
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