3 ms·
> Collecting users' data is a core part of their business model. Collecting data is part of product strategy, it's not a business model unless you're actually
by Eridrus 9y ago
> Collecting users' data is a core part of their business model.
Collecting data is part of product strategy, it's not a business model unless you're actually selling it - which none of the companies people wring their hands over do.
I worked at a startup where part of the pitch to investors is that we would get in early and collect all this data that would be expensive and maybe even impossible to replicate. Well, we collected all the data during the course of actually providing our service, it just turned out there wasn't a whole tonne of value in large volumes of unlabeled data.
Every product person hopes that data will make their product better, but not all data is created equal. If it's not signalling what you want somehow, it's basically worthless.