#7 - OCR Part 2: the multibillion dollar opportunity for startups digitizing data

The next multibillion dollar opportunity. Digitize data trapped on paper and build a business around the data.

We explore the three billion dollar opportunities for OCR startups digitizing data: sell analytics to existing customers, sell analytics to new customers, and expand into automating near-adjacent steps in the business workflows. Or build a competing startup that eliminates paper by digitizing forms and automating processes. We balance the revenue upside with the building challenges for each of these businesses before considering how the future will unfold.

Check out this week's letter for the full story. Follow @FatTailThoughts on Twitter and your co-hosts @KleeBeard and @StevenDickens3 for more content.