Why 'database' is a dirty word in institutional investing
Guy Koston · 400 Firms pay $1k/mo For This Investor Database, Growing 100% YoY Bootstrapped · Aug 24, 2021 · at 13:15
Guy Koston explains why buyer skepticism is high in the investor database industry and why live content is necessary for credibility.
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“And the word database in our industry is a really dirty word because most data is stale.”
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More from Guy Koston
Why Guy Koston would reject a $40M all-cash acquisition offer for Dakota
“No. No, no. We're even, even, even one guy made a comment, like the thing that makes the product great is that we're in it and using it. And it's like this culture right now. So no plans to sell right now.”
Dakota has raised over $40 billion for investment firms since 2006
“We founded our firm in 2006 investment firms hire us to be their outsource sales and marketing team, which means we raise capital for their investment strategies. So we've raised over forty billion since that time.”
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“And we now have over 400 investment firms and growing using our data to set up meetings to raise money.”