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5x a data team at Postman, 13 kinds of network effects, Meltano extends beyond ETL; ThDPTh #44

Three Data Point Thursday
5x a data team at Postman, 13 kinds of network effects, Meltano extends beyond ETL; ThDPTh #44
By Sven Balnojan  • Issue #47 • View online
I’ve been on a network effect “binge” lately, working on some company evaluation models that include them as a large part.
One thing I stumbled over was the venture fund NfX, which publishes some great content in that direction.
Read about it below…
I’m Sven, I collect “Data Points” to help understand & shape the future, one powered by data.

Svens Thoughts
If you only have 30 seconds to spare, here is what I would consider actionable insights for investors, data leaders, and data company founders.
  • Going against the trend and moving towards a more central data team structure can make a huge difference. At Postman, the move towards a more centralized structure made sure to align the data work towards a common goal.
  • Adapting the data team collaboration mode to different organizational units’ needs is important. Postman works differently with different units. Sometimes, they have distributed data analysts, sometimes a unit needs more help.
  • In any (data) product, extensibility is the key to creating a business ecosystem around it. But there is not just the obvious way of extending via “plugins”, there is a whole set of things you can extend.
  • You can even turn your product just into one specific version of a much larger framework. Go look for that, and then see what kinds of extensibilities you really need.
  • Network effects are everywhere. According to NfX they are responsible for 70% of the value creation in technology since 1994.
  • If a data company is not leveraging network effects at the core of the business model, it is unclear whether it can survive in the markets. NfX provides a great list a data company can go through and check whether they can utilize some of them.
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Sven Balnojan

Data; Business Intelligence; Machine Learning, Artificial Intelligence; Everything about what powers our future.

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