The Changelog: Software Development, Open Source What even is the modern data stack (Interview)
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Jul 17, 2024 Benn Stancil, co-founder of Mode and a writer on data and technology, dives into the evolution of the modern data stack. He discusses the complexities of business intelligence, the potential to innovate amidst industry slowdowns, and questions the efficacy of analytics teams. Benn also shares insights on dynamic presentation strategies, encouraging speakers to engage audiences in entertaining ways. With a keen eye on emerging opportunities in the data landscape, this conversation is a must-listen for anyone interested in the future of data and analytics.
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Mode's Early Content Strategy
- Benn Stancil co-founded Mode and initially wrote data-driven blog posts about pop culture.
- This content marketing strategy, distinct from typical "thought leadership," gained early traction.
Defining the Modern Data Stack
- The modern data stack lacks a rigid definition but represents cloud-first, modular data tools.
- It's characterized by Silicon Valley-oriented, bottom-up products often launched on Product Hunt.
Shift in Funding from Data to AI
- The data world, once flush with VC funding, experienced a downturn, partially due to the rise of AI.
- This shift in attention impacted data companies' valuations and fundraising prospects.