Author

You want to evaluate future borrowers, but in order to train an algorithm that will help you identify future defaults, you have to train it and evaluate it on past data.

From Anthony Goldbloom

I love kite surfing and mountain bike riding. It's kind of interesting; my kite surfing ability has probably deteriorated with the rate of Kaggle's success.

From Anthony Goldbloom

Without the discipline of having a wife to come home to, you end up just working all the time.

From Anthony Goldbloom

If competition for Kaggle's top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world's best data scientists will earn more than $50 million per year, just like the world's best hedge fund managers.

From Anthony Goldbloom

Business analytics or predictive modelling is a $100 billion industry, and $41 billion is spent on outsourced business analytics every year. I think that's about twice the size of the movie industry - it's really big.

From Anthony Goldbloom

We think Facebook and Google know a lot about us - who knows more about us than AmEx, MasterCard and Visa? They know exactly what we spend and where we spent it... so they're looking at ways to unlock it.

From Anthony Goldbloom

Companies are getting bitten by hiring a data scientist who isn't really a data scientist.

From Anthony Goldbloom

Big data is mostly about taking numbers and using those numbers to make predictions about the future. The bigger the data set you have, the more accurate the predictions about the future will be.

From Anthony Goldbloom

As a young entrepreneur starting an enterprise company, be prepared for the fact that you'll need to get involved in enterprise sales. Everyone wants to speak to the founder, and this is also how you'll get feedback on your product. It's worth bringing in early somebody with enterprise sales experience.

From Anthony Goldbloom

Startup stories are always smoother in the telling than they are in reality. A startup is not one, but a series of 'Aha!' moments, and some which seem like 'Aha!' moments but turn out not to be.

From Anthony Goldbloom

Anthony Goldbloom

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