Predictive Models for VCs investment
Tony Savides
Group Managing Director & Shareholder of BSC Global | Transforming Businesses through Innovation & Technology | IAPA Top 25 Analytics Leaders in Australia
I came across this great article on the World Economic Forum website that showcases how VCs have finally looked to predictive analytic to help them make better decisions in backing a winning horse. The article echos the sentiment how it is ironic that the players who fueled the analytics space are the last to adopt it themselves. I would love to see how this model could be expanded to take into account the psychometric profile of the founders of these enterprises and see how that correlates to success.
Enjoy.
World Economic Forum: A computer was asked to predict which start-ups would be successful. The results were astonishing