How Kaggle plans on making money

Bambi Francisco Roizen · January 24, 2012 · Short URL: https://vator.tv/n/2200

Interview with founders Anthony Goldbloom and Jeremy Howard

Here's the second part of my interview with the founders of Kaggle, a recently-launched start-up with $11 million in Series A funding from Index VenturesKhosla Ventures, as well as Stanford University's endownment, PayPal co-founder Max Levchin, Google's chief economist Hal Varian and now Google Adsense co-founder Gil Elbaz. Kaggle is solving real-world problems through competitions among the world's biggest brains.  

Kaggle brings together super smart data scientists, or just plain hyper-intelligent folks who love data and number crunching, with data sets and prizes to figure out complex problems. 

In this interview, Anthony Goldbloom, founder and CEO, and Jeremy Howard, the first hire, chief scientist and president, talk about how Kaggle plans on making money and how it managed to attract some very smart people vying for tens of thousands and sometimes millions in prize money. Apparently, it's easy to attract brain power, said Goldbloom. The hardest part was getting data sets. 


 

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Bambi Francisco Roizen

Founder Vator, Managing Partner - Vator Investment Club; Former Columnist/correspondent Dow Jones MarketWatch; Business anchor CBS affiliate KPIX

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Kaggle

Startup/Business

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Kaggle is a platform for data prediction competitions that allows organizations to post their data and have it scrutinized by the world's best data scientists. In exchange for a prize, winning competitors provide the algorithms that beat all other methods of solving a data crunching problem. Most data problems can be framed as a competition.

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Jeremy Howard

Joined Vator on

Kaggle President and Chief Scientist; Founder of FastMail.FM and Optimal Decisions; ex-management consultant, now nearly fully recovered.
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Anthony Goldbloom

Joined Vator on

Anthony Goldbloom is the founder and CEO of Kaggle. Before founding Kaggle, Anthony worked in the macroeconomic modelling areas of the Reserve Bank of Australia and the Australian Treasury.