Carbon Arc, a startup founded by Kirk McKeown, has launched a data platform aimed at democratizing access to data for small funds and businesses. By allowing users to purchase data by the megabyte for as little as $1, Carbon Arc seeks to level the playing field against major hedge funds with significant resources. Backed by a $55 million investment, the platform already connects various vendors and buyers. McKeown believes this initiative will shift competition from financial capabilities to a focus on creativity and skill in handling data.
The goal, in part, is "making the competitive advantage not whether or not you can afford it", said McKeown in an interview with Business Insider.
"Who does better work with the same dataset" will become the differentiator, he said, adding that it brings "creativity and skill" back to different industries.
Collection
[
|
...
]