4 ms·
Speaking as someone who is has done this in their career, the data trove here would be extremely easy to monetize. No Hedge fund / Fintech company would ever tu
by aiisahik 6y ago
Speaking as someone who is has done this in their career, the data trove here would be extremely easy to monetize. No Hedge fund / Fintech company would ever turn this kinda data down the yearly licensing fee would def be in the millions. Not saying that they are doing this now but remember that once you submit this data that's going to be with LL for a long time. If they run into some situation in a few years and find this desirable, you're data is going to be part of the package.
What they really should be doing is outsourcing this to another company that is specifically dedicated to identity verification (like Personia.io) and NOT collect any of the underlying documentation. But why the hell would they do that when there's so much future upside they would be giving up?
- hammock 6y agoWhat would a hedge fund do with his data?
- Cd00d 6y agoShort Topps /s
- toomanybeersies 6y agoMy guess would be that they haven't outsourced it because it would've been more difficult to go through the acquisition process than to simply an in house dev to build an upload form and do manual verification on the uploaded documents. If that is the case, then I'd be less worried about Little League selling children's personal data, and more concerned that it's all sitting unencrypted in an S3 bucket.