Venture Capital 2.0—the revolution of Machine Learning & Data-Driven VC

VC is a finding and picking the winners game. Having explored the shortcomings in the respective stages, major areas for improvement in the sourcing stage are more comprehensive coverage of potential investment opportunities (this is what I call the “identification”) as well as more complete, unbiased, and accurate data on the respective companies ... See more

Machine learning—a technique in which a computer churns through data and, in effect, writes its own program based on the statistical relationships it discovers—is one of the most effective means of extracting all that value. Machine learning generally involves two steps: an algorithm is first trained on known data and is then unleashed to solve sim

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A great deal has been written about what constitutes Venture Capital and what does not (including by this very author) in these seventy years. Though many different things to many different people, Justice Potter Stewart’s famous dictum in Jacobellis v. Ohio works for our purposes:I shall not today attempt further to define the kinds of material I ... See more