Disclosure certainty 4/5 debate potential 2/5

Wilson: USV avoids investing in 'pitchforks and shovels' big data infrastructure

Fred Wilson · Fred Wilson, USV // Data Driven NYC #18 // Sep 2013 (interviewed by Matt Turck) · Dec 19, 2013 · at 15:59

Fred Wilson of Union Square Ventures outlines USV's investment criteria regarding big data tool and infrastructure providers.

0:00 / 0:09exact quote · 9.3s
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“We are not investors in companies that are providing the pitchforks and shovels for the big data business.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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“Shows the problem of thinking that software is any kind of defensible advantage. I don't think it is. But if there was something about The data, ah, and the network around that software that made it so that it wouldn't be easy to leave the first company and go…”
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