Fast Company: LinkedIn's Reid Hoffman On Groupon's Big Advantage: Big Data
FC: Big data is also why you have faith in Groupon
RH: Yes. There’s two points on which a lot of the discussion about Groupon misses key insights. First is what exists with Groupon today: both scale and data. Data becomes important because of the scale. If you look at the core service that…
When dealing with data, it’s good to think about the data’s “potential energy.” The lower the potential energy, the more work has to be done upon the data before insights can emerge. Thanks to its tight focus and cleanliness, I don’t think there’s a source of data with a higher potential energy than LinkedIn. Megabyte to megabyte, it’s potentially more valuable than Facebook or even Google.
(Though they’ll obliterate LinkedIn with scale….)
(via fastcompany)
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data, it’s good...data’s “potential energy.” The lower
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LinkedIn’s Reid Hoffman talks...Fast Company about...book...
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