How machine learning increased a venture capitalist's hit rate 3x

September 23, 2019 by Doug Black

Venture capital is a “hit business.” The relatively few hits pay for the high percentage of flops. Venture capitalists are risk takers who embrace the high-risk/high-reward equation. It's the allure of a mega-hit that animates the industry, that keeps investors dreaming, prospecting and writing checks.

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