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I think that if it were this easy to predict the success of a startup, VCs would have figured this out a long time ago. Applying for funding would involve filli
by aofstad 18y ago
I think that if it were this easy to predict the success of a startup, VCs would have figured this out a long time ago. Applying for funding would involve filling out a simple form of variables to be plugged into a magical equation.
I don't think that this site accounts for the high probability of FAIL inherent in any startup. Probably just assumes that the company will continue along the growth path of previous SUCCESSFUL startups that were included in their historic data.
- taw 18y agoOne reason why it's not easy is levels of secrecy of all financial data. Nobody has access to enough unbiased quality data, big VCs have loads of data but it is self-selected and misses almost all early failures, who happen to be the most common kind of startups. I don't really understand why financing information of all companies isn't public by law. Companies are not people, they don't have a right to privacy.