I’ve been very lucky during my career to work with some brilliant mentors, one of whom is the founder of Yahoo!, Jerry Yang. I worked with Jerry at Yahoo!, where he helped me push an ambitious product called BOSS (which stands for “Build your Own Search Service”). We’ve stayed in touch since then and he’s been incredibly supportive of Infer’s approach. Many Yahoo! products related to web search, content optimization, etc. live and die on data science, so he’s passionate about the opportunity to bring this rigor into enterprise software.
Following a recent Business Insider profile, we asked Jerry to answer a few specific questions about why he decided to invest in our company, and in the predictive analytics space in general. Here’s what he shared:
Why do you think there’s such a big opportunity in predictive analytics? Yahoo! through its development of Hadoop witnessed what predictive analytics could do with the massive scale of user data. Now it’s exciting to see companies like Infer bringing this technology to other vertical industries that can benefit from it. There’s definitely a huge opportunity for businesses to transform their operations and decision making by using data.
Why did you invest in Infer? For me, I place a very high value on the entrepreneur and founder. In the case of Vik Singh, we go way back to working closely together while we were at Yahoo. Vik was working on Yahoo! BOSS, a search product that quickly became strategically important to the company. We had a great relationship that continued beyond Yahoo!, and it’s a pleasure to support Vik in this venture.