Even five years ago, very few companies were equipped to leverage external data. Most companies still did not analyze their own data!

But as companies get better and better at finding insights in their internal data, they will look externally for data more and more.

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all dinners parties should have one-conversation. any dinner that is not one-conversation is not worth going to and not worth hosting — those dinners are rarely ever good.

a one-conversation dinner party needs a moderator who keeps the conversation going, asks good questions, and cuts people off from boring others. a moderator is ESSENTIAL.

Data is ultimately a winner-takes-most market.

As a data company starts to dominate its niche, it can lower its price and gain more market share and use those resources to invest more in the data … thereby gaining more market share (and the cycle continues).

One of the big ways that data becomes useful is when it is tied to other data.

The reason for this is simple: data is only as useful as the questions it can help answer. Joining, linking, and graphing datasets together allows one to ask more and different kinds of questions.