Concept: The Holy Grail of Venture Capital

Introduced by Patrick Chung, Partner at X-Fund. Can we predict what startup founders will be successful? There is almost unlimited data about the backgrounds of successful company founders — and about unsuccessful company founders. Many VC firms have tried — and none have yet succeeded — to increase their batting averages in picking successful founders. Yet in other contexts, like sports and entertainment talent scouts, success rates seem higher. What accounts for this difference? Making VCs just a little bit more accurate would give them an incredible edge in a lucrative market. This would be the holy grail of VC.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s