I recently came across this O’Reilly post about CrunchBase, the open database of information on startup companies, asking whether CrunchBase will remain free in the long term. While the post itself is interesting, the part that puzzles me is why there is so little business-oriented information freely available out there. Data as a service has been generating a lot of excitement recently, and I think it’s well warranted. However, the only prominent sources of open business information are the SEC’s Edgar database, LinkedIn, and CrunchBase. After that, the field gets very thin. Considering how much effort companies put into business intelligence and competitive intelligence, it seems like there should be a great profit motive for someone to provide a deeper business information layer. So I don’t really understand why we’re in this situation, but it does seem like a big opportunity. Continue reading Why Is Good Business Information So Scarce?