Bitmark CEO Sean Moss-Pultz explains his core investment thesis regarding the monetization of personal digital data.
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“Our thesis, if you will, is that data is the next big asset class.”
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Insight
Moss-Pultz: Donating health data benefits humanity more than organ donation
“Let's say I donate my kidney, right? Well, I can save one person, but if I donate health data that then is used by a research study, I can save like, or not, not safe, but I can benefit like all of humanity for the entire future. I mean, that, that, that might…”
Sean Moss-PultzFeb 17, 2017▶ 13:33EP 573: I Sell My Financial Data On This Podcast with BitMark CEO Sean Moss-Pultz
AssertionNot checkable as stated
Moss-Pultz: US location data is worth around $50 a year
“Location data in the U S is worth around 50 dollars a year.”
Sean Moss-PultzFeb 17, 2017▶ 5:38EP 573: I Sell My Financial Data On This Podcast with BitMark CEO Sean Moss-Pultz
Disclosure
Bitmark is making health data its initial strategic focus
“So we are actively recruiting buyers who would be interested in certain types of health data. Health is our first focus”
Sean Moss-PultzFeb 17, 2017▶ 13:19EP 573: I Sell My Financial Data On This Podcast with BitMark CEO Sean Moss-Pultz
Disclosure
Moss-Pultz lost $6.5M in angel funding on a previous startup
“I think in total about six and a half million.”
Sean Moss-PultzFeb 17, 2017▶ 9:20EP 573: I Sell My Financial Data On This Podcast with BitMark CEO Sean Moss-Pultz
Disclosure
Bitmark raised a $1.7M seed round at $8M pre-money valuation
“No, this was all priced... We priced it at pre eight million.”
Sean Moss-PultzFeb 17, 2017▶ 10:57EP 573: I Sell My Financial Data On This Podcast with BitMark CEO Sean Moss-Pultz
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