What do the following companies have in common: Google, Facebook, Twitter, LinkedIn, Orbitz, Airbnb, Angie’s List, Match.com, OpenTable, and Uber?
Here’s what I came up with:
Presence. They’re all online; they have no brick-&-mortar presence. If their website or mobile app is unavailable, it’s as if they don’t exist.
Primary asset. Their primary corporate asset is data, specifically data (mostly big data) created by users. They do not sell physical....