VCs double down on data-driven investment models | TechCrunch
Social Capital co-founder Chamath Palihapitiya is spinning out a company from his venture capital fund-turned-family-office, TechCrunch has learned. The new entity, temporarily dubbed CaaS (short for capital-as-a-service) Technologies, will focus on providing data-driven insights to VC firms. Data informs investment decisions at VC funds more than ever, as new technologies make way for increasingly quantitative approaches to deal-making. But when it comes to third-party data analysis tools, there are few options tailored to VCs. Palihapitiya’s latest effort will operate as a standalone business, automating the time-sucking process of evaluating a company’s health prior to investing. Zafer Younis, former partner at San Francisco accelerator 500 Startups, has been named CEO of the business, which is expected to launch this fall. Palihapitiya did not respond to a request for comment. Younis could not be reached for comment. According to Younis’ LinkedIn profile, which indicates he spent n
VCs double down on data-driven investment models | TechCrunch VCs double down on data-driven investment models New efforts could automate the role of an analyst Kate Clark 1:29 PM PDT · June 26, 2019 Social Capital co-founder Chamath Palihapitiya is spinning out a company from his venture capital fund-turned-family-office , TechCrunch has learned. The new entity, temporarily dubbed CaaS (short for capital-as-a-service) Technologies, will focus on providing data-driven insights to VC firms. Data informs investment decisions at VC funds more than ever, as new technologies make way for increasing
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