Startup companies originate from simple ideas, identifying a need, desire to close an existing market gap and/or solving existing market problems. Angels and venture capital (investors) on the other side, make available the capital and sometimes the necessary help for startups.
Given the uncertainties on the success of startups, investors are basically concerned with; how to locate where the good startups are and ascertaining whether a specific startup will be a viable investment. This process can sometimes be slow, expensive, and inefficient.
Historically, success in the venture capital industry has been driven by a relatively small group of firms and individuals who have access to the best deals. I believe that the adoption of new technologies (artificial intelligence, machine learning tools etc.) in this industry will provide greater access to deal flow, and better investment decision making.
A wave of better decision making for venture capital can be achieved by analyzing data with more sophisticated (and accessible) tools such as Artificial Intelligence (AI).
