$205,000,000 of Funding For Big Data Startups

Re:$205,000,000 of Funding For Big Data Startups by pedalpete on Tuesday February 28, 2012 @06:56PM (#3645686)

Unfortunately, I'm not getting a clear idea of what defines 'big data'.

When Facebook started, they wouldn't have been considered a 'big data' company, would they? Or same with Twitter, so how are they defining the start-ups that suit these funds?

[ Parent | on HN ]

Re:$205,000,000 of Funding For Big Data Startups by swGooF on Tuesday February 28, 2012 @07:07PM (#3645718)

Really, I would think just about any startup nowadays could be considered a "bigdata" startup. If you are going to have a successful app, then you will probably have lots of data to deal with.

To answer your question, I doubt Facebook or Twitter would have been defined as "bigdata" companies.

[ Parent | on HN ]

Re:$205,000,000 of Funding For Big Data Startups by vlnul on Tuesday February 28, 2012 @07:38PM (#3645832)

what about "data science"?

[ Parent | on HN ]

Re:$205,000,000 of Funding For Big Data Startups by swGooF on Tuesday February 28, 2012 @08:29PM (#3645965)

A few years ago, being a data company was not the "cool" thing. Back then, it was cool to be a social site. Thus, I think Twitter and Facebook correctly considered themselves social sites. I am guessing that in the companies early days, someone must have seen the value in all the data that was being collected.

[ Parent | on HN ]