Archive: bias

What VC Gets Wrong About Crowdfunding

By Andy Gordon on March 24, 2021

A tech startup founder was bragging to me about his recent hires a couple of days ago. He found some outstanding people and said that the talent available in 2021 was off the charts.  But it wasn’t just luck or happenstance. The highly experienced people he interviewed all told the same basic story. It went something like this: “My company let me go as a cost-cutting measure. Our VC funding had completely dried up. They told…

Can Robots Invest Better Than Us?

By Andy Gordon on November 16, 2020

Can robots invest better than you or I can?  That’s the fundamental question asked — and only partly answered — by six researchers who built an investment algorithm. The researchers compared the algorithm’s performance with the returns of 255 angel investors. The algorithm used the same…