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August 17th, 2009 by Wadds

Digital footprints reveal sensitive company and personal insights (and a couple of startup ideas)

Jed Hallam asks how much you should giveaway?

Where does […] sharing stop and the competition start?

Professionally I have a broad rule of thumb that I don’t disclose anything that would impact the business and personally I don’t disclose anything that would embarrass my family or friends.

It’s an issue that I tackled over a pint with a mate recently. Our conclusion was that people generally share too much information – much as Jed suggests. In fact we came up with two business ideas.

  • Competitive intelligence – by following a group of people in the same company its easy to pick up snippets of information. In the PR industry you can spot when there is a big pitch in play, in FMCG companies when a launch is brewing and in a tech firm when a new product release is due.

Business idea number one: create a company to track competitive information.

  • Personal profiling – It can’t be long before psychologists start profiling people based their profiles and lifestream feeds as a means of pre-selecting candidates for dating or job interviews. Maybe it’s happening already. You could envisage how a Myers Briggs profile could be determined from a Twitter feed.

Business idea number two: create a company to create profiles of individuals based on their digital footprint.

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June 15th, 2009 by Wadds

Hunch: potent consumer data repository?

Hunch provides you with a recommendation to a question based on responses from the Hunch community based on you answering a dozen or so Myers Briggs style questions.

The New York based start-up from Flickr’s founder Caterina Fake launched today. It uses machine based learning to generate a personal user profile and pull recommendations from its historical community data.

If you’re seeking a quick answer use Twitter as Broadstuff’s Alan Patrick suggests. I had to answers 20 questions before receiving the recommendation that I should have cornflakes for breakfast.

Hunch is intriguing but its slow and hard going. And I guess this will be the case until it collects more user data.

But you can see that Hunch will quickly become a powerful source of consumer data for market analysis, testing and selling.

I have a hunch: a quick exit to an ad serving play.

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