
"World of DaaS"
CB Insights Founder Anand Sanwal - Data Business & AI
May 21, 2024
Anand Sanwal, Founder of CB Insights, discusses tech narratives vs data, AI integration, future of data businesses, CEO transitions at 1 to N companies. Tech competition dynamics and challenges in emerging markets, data selling strategies, efficiency of AI in data processing, CEO succession planning, personal branding, rethinking education, and dynamics of hiring and empowering people in business.
51:11
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Quick takeaways
- Investors tend to follow tech trends, leading to consensus bias in funding decisions.
- Lengthening exit times in tech market create secondary market focus on large exits.
Deep dives
The Tech Market is Memetic
Investors tend to follow trends rather than be contrarians in the tech market, leading to a more consensus-based environment. This often results in numerous companies in the same sector receiving funding, even when a few dominant winners emerge, showcasing a bias towards consensus and lack of contrarian approaches.
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