Erich Reimer
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Executive Interview Series: FiscalNote

5/25/2018

 
Summary
  • Today I interviewed Tim Hwang, CEO and Founder of FiscalNote, a global data science company that provides analytical services to corporate and institutional clients for government and policy functions.
  • The Executive Interview series provides you with firsthand insight into the technology industry through discussions with newsmakers, industry leaders, and experts themselves.
  • Since its founding in 2013, FiscalNote has grown to 300+ employees, over a thousand clients, and $60 million in venture funding, with original seed funding by Mark Cuban and others.
  • We discussed the capital raising process for startups, the spread of data science the past few years, FiscalNote's bridging of policy and technology, regulatory attention towards data post-Cambridge Analytica, and data science's future impact on businesses and consumers.
  • Stay tuned in the future for more exciting interviews!

The Executive Interview series will provide you with exclusive interviews with newsmakers, industry leaders, and experts in the technology industry.

Interviews do not imply endorsement of the company, its products, or any associated securities. Rather, it is meant to provide you more information for your consideration from those currently directly in the industry itself.

Today I had the pleasure of interviewing Tim Hwang, CEO and Founder of FiscalNote. FiscalNote is an information technology and data science company focusing on government relations management, which essentially means using data science to provide support and insights to lobbying, law, and other policy and government-related functions.

With offices in Washington DC, New York, Seoul, Brussels, and more, since its founding in 2013 it has now grown to over 300 employees and has as its clients thousands of trade associations, Fortune 500 corporations, law firms, government affairs companies, and more. It operates in over 40 countries.

Topics of discussion included:

  • How startups and private companies raise capital through venture and series funding.
  • Why data science has gone in just a few years from being a frontier technology to now every industry relying on it.
  • How natural language processing data science works and its applications.
  • FiscalNote's history and its merging of the two previously distant fields of government and technology.
  • Increased regulatory attention towards data science and how it may affect the sector.
  • The likely direction and impact of data science in businesses and to the consumer over the next few years, particularly in artificial intelligence.
  • Which industries are still lagging behind in terms of data science and what industries are most likely to continue to be transformed in upcoming years.

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