Data readiness strategies of AI Start-ups

Last week, at an event on AI, I asked the panel about how investors evaluate the Data readiness of AI start-ups. This subject is close to my work and my teaching. I teach a course on Implementing Enterprise AI and also teach Data Science for IoT at the University of Oxford. Professor Neil Laurence has proposed a concept of Data readiness levels. The highest level of Data readiness represents Data which is most useful to make predictions i.e. "Can we use this data to prove the efficacy of a drug?"