Mittwoch, 27. März 2013

The Quest To Quantifiy Likelihood

Can computer models and algorithms based on crowd-sourced opinions accurately predict startup success and business growth? We look at the players trying to make it happen.The odds of a tech startup surviving aren’t just bad. They’re terrible.

About 75 per cent of all startups backed by venture capitalists fail toeven return investors’ capital, according to research out of Harvardlast year. Even the most addicted casino gambler would say those oddsstink. 

Yet Thomas Thurston says he can predict a startup’s chances of failure or survival with amazing accuracy. View Full Story