DATA IS ACTUALLY NOT A GREAT VC-BACKED BUSINESS

Summary from the TLDR Founders newsletter

Getting value from data is still incredibly hard, making data businesses terrible VC investments. Auren Hoffman predicted exponential demand, but fewer than 100 hedge funds buy alternative data today. After 1,000 SaaS unicorns, there's been one DaaS unicorn: ZoomInfo, which never took VC. Data companies grow slowly with predictable revenue - perfect for PE, not VCs needing explosive growth.