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12min chapter
Building Data Companies: People, Places, Org, Products with Auren Hoffman
"Request for Startups" with Erik Torenberg
The Importance and Challenges of Building a Data Business
This chapter discusses the importance of market share in declining Customer Acquisition Costs (CAC) and the drawbacks of reselling data. It introduces a taxonomy of data businesses and emphasizes the need for specialization. The chapter also explores the challenges of building a data business and the potential pivot to becoming an application.
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Discover
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