Morningstar's acquisition of portfolio company Pitchbook has shown the worth of the capital markets data segment to players such as Thomson Reuters and Dow Jones.
There was a nice plot line in an episode of television show Silicon Valley where the new CEO of promising startup Pied Piper wants to bring in early revenue by selling its product as a box in a data centre, while its founder wants to aim higher and develop it as a service for consumers.
The VCs then have to decide to kick out the CEO, primarily because they suddenly have a sense of what that bigger vision might be…
