Alternative Data Trends and Statistics

Alternative data is defined as non-traditional data investors use to gain insights into their investment process. Unlike traditional datasets data such as financial statements and sales figures, alternative data offers investors insights into a company well before the information becomes publicly available. The case with WeWork’s IPO is great Example. Despite the hype around WeWork’s IPO, Fairhair.ai Director, Samantha Monk, predicted against popular consensus that WeWork is not the market-defying unicorn most hope it would be. With the help of alternative datasets, she identified several alarming issues such as founder cashout, creative accounting practices and ESG concerns. Most importantly, she…...