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VCs: Now as Misguided as Donald Rumsfeld | PandoDaily


Stashed in: Venture Capital!, @troutgirl, Wafflebot!, MIT TR

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Those who claim that algorithm based venture investing is like “Moneyball” are either woefully naive or just covering up their own lack of due diligence. Compared to launching a new company in an uncertain market, a baseball game has a very limited set of statistics to measure.

Francisco Dao, leave Correlation Ventures alone! They're awesome!!!

Joyce affectionately refers to them as Wafflebot...

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I love you Wafflebot!!!

lol so what's their algo?

Nobody knows.

It has something to do with who is co-investing.

They never lead, only follow.

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