Investors generally lack the technical skills to process messy credit card data
Michael Babineau · Analyzing Billions of Transactions to Understand Consumer Behavior - Michael Babineau and Kevin Hale · Y Combinator · May 29, 2019 · at 9:18
Second Measure co-founder and CEO Michael Babineau discusses why institutional investors struggled to work with raw credit card data before analytics platforms emerged.
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“Credit card transaction data is, it's a messy and, like, there, it's a messy data set with unstructured data problems baked into it. And the skill sets of investors, even the more technical ones those tend to lean more towards, like, time series analysis as opposed to dealing with large messy data sets.”
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