An interesting article published on gigaom.com by Derrick Harris features four data scientists and gurus ditching their academic careers in favor of business and industry, even going as far as starting their own companies.
The post discusses the logic these people give to making the jump from academia to entrepreneurship, and quotes some valuable advice they gave during a Tuesday afternoon panel at the ACM Knowledge Discovery and Data Mining conference in Chicago on how to maximize the return on your data science education.
“We invest in companies that make painkillers, not vitamins”, states Usama Fayyad, one of the four panelists, co-founder of blue kangaroo, angel investor and Chairman of Oasis500. He also explains how it is very helpful, and even necessary, for a startup to have more than one founder: a technical person, and a business-savvy partner at the very least.
To read the full article, please click here.
Stay tuned to our blog as Dr. Usama Fayyad promised us an exclusive post to further discuss this topic!