Mike Abbott

9 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Oct 16, 2014 by Mike Abbott · across every show →

On the record as a speaker too: Mike Abbott's record, appearances and statements → this page counts the times other people say the name.

Everything said about Mike Abbott, oldest first

Oct 16, 2014
Assertion Not checkable as stated
US government intelligence agencies were using big data software in 2004
“We had three-letter agencies using our software 10 years ago, like, plus, and they certainly had more than big data, so it's not new.”
Mike Abbott Oct 16, 2014 ▶ 7:28 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 positive
Assertion Not checkable as stated
Companies mine consumer property data to identify B2B lead generation opportunities
“Insurance, you know, homes, there's all this, like, if you look at the statistics of, okay, marriage is oftentimes nine months past that, like, you know, different regions of the country, you could also predict maybe when they go buy a home, and so actually, l…”
Mike Abbott Oct 16, 2014 ▶ 21:42 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014
Insight
Big data startups greatly underestimate the requirements for enterprise readiness
“I think that in general, I try to determine does this team have a strong enough understanding of what it's like to sell to the Fortune 2000 or 5000 to know what it means to be enterprise ready? I think that oftentimes, ah, companies greatly underestimate that.”
Mike Abbott Oct 16, 2014 ▶ 14:50 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 bearish
Prediction Not checkable as stated
Data analytics startups will eventually dislodge incumbents like SAS
“I do think that the incumbent players like SAS I mean, I think over time will hopefully be dislodged by, you know, some number of startups.”
Mike Abbott Oct 16, 2014 ▶ 12:26 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 positive
Prediction Didn’t hold up
Most data growth to 40 zettabytes by 2020 will originate from sensors
“If you look at the, you know, the forecasts that are going from the 2.8 zettabytes to 40 zettabytes in 2020 that's, most of that data is gonna be coming from sensors, right?”
Mike Abbott Oct 16, 2014 ▶ 17:01 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 positive
Prediction Not checkable as stated
Data science will always require specialized professionals with strong statistics backgrounds
“I think there's always going to be a need for someone who has a background in statistics and can understand how to use tools to understand what are the questions that should be asked, how to do the feature engineering, to understand your business, whether it b…”
Mike Abbott Oct 16, 2014 ▶ 12:10 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 bearish
Opinion
Differentiating big data startups purely on data visualization is getting difficult
“It just feels like between D three and other tools, that that area, it's getting more difficult to differentiate just on visualization. You have to have other pieces.”
Mike Abbott Oct 16, 2014 ▶ 10:28 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014 bullish
Opinion
Enterprise data lineage and SOX compliance remain major open opportunity areas
“I think that's a, Still, like, a big open area on, in the lineage side, especially when you start linking into things around, like, SOX compliance, and, like, what does that actually mean?”
Mike Abbott Oct 16, 2014 ▶ 10:42 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
Oct 16, 2014
Disclosure
Kleiner Perkins passes on founders who cannot justify their tech stack choices
“And I'm not saying that the decisions that that company made were wrong, necessarily, but I think that at the end of the day, technology is here to solve a problem, and if you don't know why you selected a particular, For particular, particular technology, I t…”
Mike Abbott Oct 16, 2014 ▶ 15:57 Mike Abbott, KPCB // Data Driven #30 // Oct 2014 (Hosted by FirstMark Capital)
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