[vm]

Genius. Finally, someone it taking a "moneyball" approach to VC. The critical comments on this thread have missed the point.

Although the author is vague, it sounds like they built a system to analyze company metrics and thus screen investments at scale. This enables them to see more investments around the world, and makes it easier for entrepreneurs to "pitch" them, because they don't need to do the time consuming, typical Silicon Valley pitch process. Many more companies can get funded this way. And those investments will be less competitive and garner lower valuations (implying better returns). Again... genius.

[ucaetano]

> they built a system to analyze company metrics and thus screen investments at scale

Wait, so they invented... financial analysis? KPIs? BI?

Really?

[vm]

Obviously they didn't invent financial analysis.

They built a system that does this at scale: 1) collects and organizes the right data and spits out analysis -- this can be painful from the many times I've done it. Investment banks hire armies of young analysts and pay them six figures to do this at scale 2) made it self-serve for entrepreneurs seeking funding -- not having to do the CRM/pipeline mgmt process associated with private investing is a massive efficiency improvement. VCs hire associates and partners and pay them handsomely to do this at small scale (hundreds of deals seen / year / professional)

As someone who has done a lot of private investing, the value here is obvious and substantial for the investors and the entrepreneurs.

[hobofan]

I am not sure if you are aware, but every VC worth its salt has built such a system focused on early- or mid-stage startups by now, or is currently doing so. It's not really anything revolutionary.

It also doesn't seem like they go for a Moneyball approach as you suggested in your earlier comment. They are going for previously undiscovered top startups, and not sub-top startups for 10% of the investment sum (that would be a Moneyball approach).

> made it self-serve for entrepreneurs seeking funding

Not sure where you are getting that from.

[ucaetano]

> They built a system that does this at scale

That is very easy to do, but

> They built a system that does this at scale and delivers good results

Still hasn't been done.

[exogeny]

Not sure it's really all that original, except for possibly the "scale" part. A lot of VCs (Correlation must notably jump to mind) have a multi-variate model which they run, and then ultimately decide with standard terms within about 24 hours.

[ttul]

LoL, you mean they found a new way to spin “financial analysis”.