Venture capital has long been heralded as an apprentice-style business where success only comes with ten years of experience and a gut that can predict the future. That was fine when it was a clubby industry making modest bets on companies within a 30 minute drive of Sand Hill Road. But as more money has flooded into the industry and tech has matured, finding the big home runs has become… → Read More
The local ABC affiliate dropped by YouNoodle’s offices in San Francisco to get an idea of how useful their new startups valuation predictor is. ABC’s Sue Thompson interviewed CEO Bob Goodson on how the service works, and I dropped in for a cameo and a dose of healthy skepticism. We first covered YouNoodle in February way before it launched. It entered public beta last week, and now… → Read More
See our review of the YouNoodle startup valuation predictor from a couple of days ago (as well as our skeptical post from earlier this year). The product just came out of private beta. Look for a tab in the top right corner of the site called “startup predictor”, or just click on younoodle.com/predictor and fill in the questionnaire. The company, which is funded by The Founders Fund… → Read More
In February a well backed startup called YouNoodle said that they were developing a product that would accurately predict the future success of startups based on an analysis of the business and the founding team. Much like a credit rating tells creditors how likely an entity is to pay off debt, YouNoodle aimed to tell investors how likely they would be to see a return on their investment, and… → Read More
New startup YouNoodle debuted to some first class press coverage this morning – a headline in the NYTimes that reads “A Start-Up Says It Can Predict Others’ Fate.” The really choice quote from the article from CEO/co-founder Bob Goodson is this: “Give us some information, and we’ll give you some idea of what the company will be worth in five years.” The best part about… → Read More
We cover a lot of startups here at TechCrunch, but I don’t recall ever having covered a startup that thinks it can use artificial intelligence to predict whether other startups will be successful. YouNoodle promises to do just that. The site opens to the public today, and they chose the NY Times to pitch their product: Kirill Makharinsky, 21, and Bob Goodson, 27, call their software a… → Read More
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