Transcript
Introduction
Zack
I am Zack Fuss, an investor at Irenic Capital. And today, I am joined by Yanev Suissa to break down the private company Databricks. Grown out of a UC Berkeley Research Lab in 2013, Databricks has grown rapidly. And after 50% growth summer, it was rumored to have last raised at a $43 billion valuation.
In the most simple terms, Databricks provides tools for ingesting, transforming and analyzing large sets of data from multiple sources in multiple formats in order to inform business and engineering decisions. Databricks is on the crash course with Snowflake to amass market share. In this conversation, we explore the nuances of structured and unstructured data, discuss data lakes and what it entails to get Hadooped. We hope you enjoy this conversation.