Rediscover Magazine Fall 2020

VC VECTOR

Rediscovering the Value of Data 'HOYLQJLQǼRŜGLŷHUHQǼLǻOSULYǻF\ŝǼRXQORFNXQSUHFHGHQǼHG YǻOXHIURPVHQVLǼLYHGǻǼǻ BY ENRIQUE SALEM

In every issue of Rediscover Magazine, we ask a prominent technology investor/venture capitalist to share their story of a company, technology, or tech entrepreneur they “rediscovered” to have a far greater impact than they originally realized.

L et me tell you about a company that plays into rediscovering data in a really interesting way. I’m an investor in LeapYear Technologies, based in San Francisco. LeapYear operates in an area called ŜGLŷHUHQWLDOSULYDF\ŝRUWKHLGHDRIXVLQJGDWDIRUDQDO\VLV without compromising underlying individual record privacy. Imagine that you’re trying to do an analysis to predict how PDQ\SHRSOHZLOOSRWHQWLDOO\JHWDGLVHDVHOLNH&29,'ȏ That’s a really important topic in 2020, right? 7KHSUREOHPZLWKWKLVNLQGRIPRGHOLQJLVWKDWDORWRIWKH SHUWLQHQWGDWDPD\EHVSHFLȋLFWRLQGLYLGXDOVŘSHUVRQDOO\ LGHQWLȋLDEOHLQIRUPDWLRQ 3,, WKDWSHRSOHLQYROYHGPD\QRW want shared. The data might show, hypothetically, that (QULTXH6DOHPJRW&29,'ȏEXW,ŚPQRWZLOOLQJWRPDNHWKDW LQIRUPDWLRQSXEOLFVR\RXFDQGRVRPHNLQGRIDQDO\VLVRQLW :KDW/HDS

generate insights without exposing the underlying data. 7KLVEUHDNWKURXJKOHWVHQWHUSULVHVŘHYHQLQKLJKO\UHJXODWHG LQGXVWULHVŘFUHDWHYDOXHIURPWKHLUPRVWVHQVLWLYHGDWDVHWV :KHQ/HDS

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