Social Data
topic on 3 shows · 6 statements across 4 episodes
Latent Space 
the MAD Podcast 
the a16z Podcast
6 statements about Social Data, every show
Swix: My fund was among the first combining social data with quantitative trading
“We were sort of the first to combine like social data with quantitative trading. And I think I think now it's very common”
Levchin: Internal transaction data outperforms social data in risk models
“The most valuable data is not social data, not what you eat for lunch, not even debt to income ratio, even though that's fairly predictive, but your own data, because every data set that you're looking at internally Describes your own process, including your b…”
Breslow: Social media data is too noisy for assessing creditworthiness
“Social data, and Abra said this to me many moons ago is, is very, very noisy.”
Moody: Social data curves repeat consistent patterns for expected vs unexpected events
“And the thing about this and why this is important is because these curves appear over and over again. Doesn't matter what the type of event is. We're seeing some general characteristics around expected versus unexpected.”
Moody: The U.S. government uses social media data for intelligence gathering
“The U.S. Government is a huge consumer of social data and in some use cases that your head probably would immediately go to or around, you know, intelligence and so forth.”
Moody: Social data will integrate into the $40B business intelligence industry
“The entire, you know, there's a forty billion dollar business intelligence industry that is built around these traditional data warehouses and data marts that are driving a lot of the businesses within large companies Clearly, social is going to be entering in…”