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> On another note, 3-4 years ago I had access to a large anonymized bank/credit card transaction database from a well known company. It had about 1-2% of all tr
by scottmcdot 10y ago
> On another note, 3-4 years ago I had access to a large anonymized bank/credit card transaction database from a well known company. It had about 1-2% of all transactions in the US by our estimates. When we modeled the quarterly sales of Walmart compared to it we found that it was incredibly accurate going back 5 years, even with 1/50th of the US population
I used to work for an Australian consultancy "Quantium" who are doing exactly this and scale transaction data using national statistics data [1] - page 13
[1] http://blog.abs.gov.au/Blog/natstats.NSF/dx/Wade%20Tubman.pdf/$file/Wade%20Tubman.pdf http://blog.abs.gov.au/Blog/natstats.NSF/dx/Wade%20Tubman.pd...
- homero 10y agoI wish there's was a Zillow for businesses. I'm trying to buy a small business but you never know if they're lying and sales are dying. And I'd buy it then go out of business.