🔥 Hot Takes Tuesday for 2024-12-17
Exploring Databricks' record funding and its potential impact on data-driven businesses.
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Two hot takes on one story that caught my eye on Tuesday.
💰 + 📊 No matter what you think is an impressive raise in the past... this tops them all. Amazing.
💰 + 🤖 When you consider how important it will be for the next wave of data-driven business to embrace embeddings of actionable intelligence — it highlights why the need to extract actionable insights is critical. If the rest of the 2020s play out to favor the companies that make better informed and timely data-driven decisions, it is likely Databricks will play an outsized role in the success of those companies that utilize these capabilities to their advantage.
Techmeme: Databricks is raising $10B from a16z, Thrive, and others at a $62B valuation, among the largest VC raises in history; docs show Databricks has $2.6B in revenue (Wall Street Journal)
From Wall Street Journal. View the full context on Techmeme.
Note: Some images via Unsplash
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Cuthrell Consulting LLCAttn: Jay Cuthrell1903 Live Oak St #92Beaufort, NC 28516-0092
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