We live in an age of algorithms. Cheap computing and abundant software have brought huge advances in all kinds of fields. Data scientists are accurately making algorithmic predictions about weather, sports, disease, political elections, romantic partners and even box office hits.
Meanwhile, venture capital remains pretty old school. It is more art than science. So why aren’t more VCs using data science to guide their investments? As chief technical officer of Ironstone Group, a data science-based venture investment company, this is a question I’m especially interested in.
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To read the original article: Venture capital in an age of algorithms — Tech News and Analysis
