Investor Connect Podcast

Data Sources for Monetization Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In a startup there are many sources of data to draw from for monetization. You can capture primary data from your own systems. Consider this list for gathering data from your startup: Start with your customer database or CRM. Review the webforms that ca...

In this episode of Investor Connect, host Hall T. Martin sits down with Fred Gumbinner, President and Managing Partner of Keiretsu Forum, a global investment community. Keiretsu Forum connects accredited private equity angel investors, venture capitalists, and corporate institutional investors across 53 chapters on four continents, fostering diverse investment opportunities. Fred shares his journe...

Privacy Issues With Data Monetization Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Many startups collect data from users that is useful to other companies. Those companies are not interested in the raw data but rather the insight into the behaviors of the users. For example, users who use the app at the same time of day give a...

Building Trust With Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In building a data business you'll need to establish confidence in the data you are collecting and using. It's often the case, the team will not trust the data at first. Here are some key steps to consider in building trust with data: Establish a level of da...

Key Factors in Building a Data Business Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In building a data business here are some key factors to focus on: Provide high quality data that provides value to the customer. Low quality data commands a lower revenue rate. Look for data that others don't have. The more unique the data th...

Using Data To Increase Sales Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The market for data continues to grow providing an opportunity for startups to increase revenue by monetizing their data. Consider these points for monetizing your data: Sell your data directly to other companies. This could be customer behavior, custome...

Data as a Service Business Model Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Data as a service provides data both internally and externally to improve the functioning of the business. Here are some key points to consider in setting up a data as a service function for your company: Look for gaps in your data and find new data...

In this episode of Investor Connect, Hall T. Martin explores the challenges and strategies of fundraising in the diagnostics sector. The guest discusses engaging investors from the Middle East, highlighting the need for investor understanding of the diagnostic market dynamics. The conversation delves into the guest's $6 million fundraising goal to launch their initial product line. Hall advises on...

Five Business Models for Linked Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Linked data is structured data that is linked to other data making it more useful for searches and queries. A wiki site often holds linked data sets. Here's a list of five business models around the use of linked data. Subscription revenue such a...

Data-Driven Business Applications Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Companies are growing their business using data to drive applications. Here's a list of driven-driven business applications to consider: Streaming services use data to predict what customers want to watch. By using a recommendation engine, they can...

Data-Driven Business Models Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A data-driven business uses data to drive business decisions and processes. A data-driven business model is one in which the business is structured around data and changes price, costs, and responsibilities according to the incoming data. Many companies a...

Business Model Examples for Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several business models used for monetizing data. Here are some of the more commonly used ones: Brokerage -- this model matches data providers for data users for a fee. There are thousands of data sets available and many of them are not eas...

Building a Data-Driven Business Model Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A data-driven business model can accomplish a number of goals such as increasing brand awareness, understanding the customer better, and improving products and services. Here are the key steps in building a data-driven business model: First, det...

In this episode of Investor Connect, Hall T. Martin engages with Marie Wise, Chief Innovation and Partner of WiGL, to explore the company's journey in wireless power and their shift towards saltwater-generated power batteries. Marie discusses the challenges faced in raising over $11 million in four years without launching a product and shares insights into redirecting the company's focus towards c...

Modern Data Stack Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The modern data stack is the term for the tools used by tech companies to analyze and integrate data. It's cloud-based which alleviates many of the challenges in analyzing data with legacy systems. Here are the components of the modern data stack: Data sources -- t...

Internal Monetization of Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In addition to selling your data to other companies, startups can monetize their own data internally. This method uses data to lower costs and increase the revenue of your own startup. Here's a list of ways to monetize your data internally: Reduce costs...

Data Monetization Requirements Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Monetizing data requires several key components. Here's a list of components needed to monetize your startups data: Ability to acquire the data -- the more you can source your own data versus relying on others the more valuable your data will be. Abili...

Data Business Models Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several ways to approach data monetization. Here are four approaches to consider for your data: Basic content -- this business model provides raw or analyzed data that can be used as is. An example is a customer list with contact information. One can s...

Data Strategy Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In monetizing data for your startup, you'll need a data strategy. Here are the key components of a data strategy: Identify the problem to solve -- the problem must be specific enough to indicate the type of data needed to present a solution. Store the data -- you'll ne...

On this episode of Investor Connect, Hall welcomes Kirk Otis, President of Keiretsu Forum - North Texas. Located in Plano, Texas, Keiretsu Forum is a global investment community that brings together accredited private equity investors, venture capitalists, and corporate/institutional investors. Kirk Otis, with over 40 years of business development and investment experience, oversees the North Texa...

Why Monetize Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Data brings another dimension to the startup in product, market size, and revenue. Here are some reasons why you should monetize your startup's data: Give your company an additional competitive advantage over the competition. Data sets you apart from the others. Ge...

How To Monetize Your Data Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several business models for monetizing data. Consider these models for your startup: Mining your own data -- this business model takes your own startups data and uses it to provide new services and products for the business. This could be creating...

Type of Data Analytics Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Finding data to monetize comes in steps and stages. Each step leads to a more detailed understanding of what data can be monetized and how to generate it. Here's a list of key steps to consider: Reactive analytics -- this data captures how customers find produ...

Data Monetization Models Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several data monetization models for startups Sources of data come from a large network of customers, in depth content, or heavily trafficked websites. Consider these for your startup. Data as a service -- takes data generated by the startup and ma...

What Is a Data Strategy and Why Is It Important Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A data strategy is a comprehensive plan to use data to drive business decisions. You can use it to monetize data to achieve your business goals. Data strategy has four components: Story -- it tells the goals of your business and how da...