“Off-Market” Data

Where is the next big business opportunity?

The cost to produce software is dropping rapidly, which is causing the moat around software companies to disappear.

Charging per token for these AI models seems to be a race to the bottom.

Unless we are talking up to the second data, the generic data markets are saturated so much that in many cases, they are giving data away for free.

Of course, there is good money in moving physical atoms and not just electrons. By this, I mean robotics, but currently, there is such a high bar to entry that could be tough to break into as a small fish like me.

So, where do I think there is a massive opportunity right now?

My answer: “Off-Market” Data.

Think of it like real estate investing. Once a house is listed, it instantly becomes commoditized, and it is priced against all other houses in that marketplace.

That is why real estate investors spend a lot of effort looking for good deals by trying to find “off-market” investments. This means there is less competition to bid up the price.

I think there is going to be a big market for niche data.

Obviously, not all data is equal, just like not all real estate investments are equal.

The data has to be actionable.

It will somehow need to improve crop yields, decrease human effort to do a task, or decrease risk somehow.

But somewhere right now, there is some data gathered over the last decade or so that is just gathering dust(metaphorically speaking) on a server somewhere that could be used to train a model(Probably not an LLM) to somehow benefit mankind… at least one small part of it.

Finding that off-market data and acting on it will give you an edge most don’t have.

On that note, I am actively looking to partner with people that have off-market data that they want to put to work creating value with it.

If that is you or you know someone, I would love to connect. Feel free to email/DM, etc.