VCs: Now as Misguided as Donald Rumsfeld | PandoDaily
Ottway Ducard stashed this in VC
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.
I love you Wafflebot!!!
lol so what's their algo?
It has something to do with who is co-investing.
They never lead, only follow.