My First Million
Data-Based Businesses, Executive Briefings, and Spotting Scams with Anand Sanwal
Jan 31, 2023
In this engaging discussion, Anand Sanwal, CEO and co-founder of CB Insights, dives into the transformative power of data-driven businesses. He highlights innovative 'sawdust data' revenue models and explores emerging niches ripe for growth. There's a fascinating conversation on launching daily executive briefings for professionals, leveraging AI for efficiency. Anand also tackles the complex issues surrounding corporate fraud, particularly regarding the Adani Group, emphasizing ethical practices in business. His insights reveal how data can illuminate both opportunities and risks.
01:09:19
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Quick takeaways
- The importance of investigative research in exposing potential fraudulent activities and promoting transparency in the business world.
- The need for independent analysis and critical assessment in the investment world to hold companies accountable and ensure transparency.
Deep dives
The Risks of Industry Rankings
Hindenburg Research, a renowned short-seller, released a scathing report on Adani Group, highlighting questionable practices and corporate governance issues within the conglomerate. The report sheds light on convoluted corporate structures, related-party transactions, and inflated valuations. Such revelations demonstrate the potential risks associated with industry rankings and the need for transparency and due diligence when evaluating companies.
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