Google Ventures uses algorithms to approve or kill VC investments
1–10 of 41 posts
Re: Google Ventures uses algorithms to approve or kill VC investments
#2I wonder if the prospective company's G Suite data gets crunched.
Re: Google Ventures uses algorithms to approve or kill VC investments
#3Wow. They can't bother to have people working in customer service, and now they can't even bother to have people working on where they invest their money?
Please tell me that the execs are next to be automated.
Re: Google Ventures uses algorithms to approve or kill VC investments
#4Wow. They can't bother to have people working in customer service, and now they can't even bother to have people working on where they invest their money? Please tell me that the execs are next to be automated.
Oh cmon, like Ycombinator doesn't do the same.
They will probably have a bunch of datapoints an features to evaluate each batch. Be it a human or a machine, it doens't matter. Only the accuracy.
Re: Google Ventures uses algorithms to approve or kill VC investments
#5> Inputs into "The Machine" include round size, syndicate partners, past investors, industry sector and the delta between prior valuation and current valuation. The algorithm then ranks deals on a 10-point scale, with green said to represent 8 or above
I'm sure there are more inputs than this, but from that list you'd imagine they basically pick deals based on who else is investing. which is not that different from many other VCs. at least in biotech, i typically see GV co-investing in deals led by other top notch VCs
Re: Google Ventures uses algorithms to approve or kill VC investments
#6Wow. They can't bother to have people working in customer service, and now they can't even bother to have people working on where they invest their money? Please tell me that the execs are next to be automated.
Oh cmon, like Ycombinator doesn't do the same. They will probably have a bunch of datapoints an features to evaluate each batch. Be it a human or a machine, it doens't matter. Only the accuracy.
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Re: Google Ventures uses algorithms to approve or kill VC investments
#7That would explain their Juicero investment.
Re: Google Ventures uses algorithms to approve or kill VC investments
#8You can't do this with crypto startups
Re: Google Ventures uses algorithms to approve or kill VC investments
#9[deleted]
Re: Google Ventures uses algorithms to approve or kill VC investments
#10Wow. They can't bother to have people working in customer service, and now they can't even bother to have people working on where they invest their money? Please tell me that the execs are next to be automated.
Oh cmon, like Ycombinator doesn't do the same. They will probably have a bunch of datapoints an features to evaluate each batch. Be it a human or a machine, it doens't matter. Only the accuracy.
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