How to pitch alt data

Advertisement
How to pitch alt data
FILE PHOTO: WeWork offices in San FranciscoReuters

Advertisement

We made it to Friday! Congrats on another job well done, everyone.

WeWork sent out some financial highlights to employees from the second quarter. Since it's not a public company (here's how that went), WeWork can pick and choose what it decides to disclose.

Naturally, Meghan Morris, our resident WeWork whiz, has all the details. You can find her full breakdown of some of the latest figures here.

This is also the final call for submissions for our 2020 Rising Stars of Wall Street. If you haven't already, drop your nominations here.

Advertisement

If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

How to pitch your alt-data feed

Bradley Saacks and I have spent a good chunk of time over the past 12 months covering alternative data. A lot has changed regarding the unique, unstructured data sets, which could be anything from credit-card data to satellite images.

However, one constant we've heard from sources is the never-ending barrage of pitches they get from alt-data providers.

Advertisement

In an effort to understand what exactly Wall Street is looking for when it comes to alt data, we surveyed some of the biggest financial firms. Here's a breakdown from seven alt data leaders at hedge funds (Point72, Bridgewater), banks (Barclays), and trading firms (Jump Trading), on what they are looking for and how they like to be pitched.

A former PwC partner just sued the firm for $15 million in compensation, offering a rare look at pay and wrangling over clients at a Big 4 firm

Lawsuits filed against financial firms are often a treasure trove of information. That's certainly the case with a suit filed against consulting firm PwC, which details the type of goals set for partners. Jack Newsham has the deets.

Meet the 21 biotech startups that top VCs say are poised to take off in the next 12 months

Healthcare has been a pretty big focus this year for obvious reasons. Andrew Dunn and Lydia Ramsey Pflanzer highlighted 21 biotech startups that VC investors thinks are on track to make it big.

Advertisement

Odd lots:

'The Gold Standard': Why Chinese Startups Still Flock to the US for IPOs (WSJ)

Nike is going all-in on digital. Here's how much the sportswear giant pays its tech workers, from engineers to directors. (BI)

Stir-Crazy Travelers Are Ordering Airline Food to Relive the Flying Experience (WSJ)

Batteries, fusion, and hydropower: Meet the 25 startups that Bill Gates is betting on to revolutionize the future of energy (BI)

Advertisement
{{}}