Waters Wrap: Owning the data & doing something unique with it—the ultimate alchemy

Based off of Max Bowie’s recent deep-dive feature, Anthony says that the world of alt data M&A—and the factors that drive these deals—is likely to change in the near future. For an analogy, just look to sushi.

Jiro Ono, Takashi Saito, Eki Ichimura, Isao Amano—these men are legendary sushi chefs. It’s a dream of mine to sit down at one of the eight seats of Saito-san’s Sushi Saito in the Roppongi district of Tokyo. I would happily drop a few hundred dollars on a single dinner.

The reason why people will pay so much for a meal is simple: expertise. A master chef has deep knowledge of which fish will make the best sushi during any season. They have relationships with the fishermen, distributors and

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