Like chess could deal sourcing be executed better by the venture capital equivalent of Deep Blue?
Apparently so according to an article carried in PeHub. An increasing number of firms are using algorithms to sift through the volume of data looking for those diamonds that will end,
not in tears, but with large exits. The focus of one fund is on disruptive technologies aimed at unseating old stalwarts in certain industries such as financial services, airlines, healthcare and law.
If you’re sceptical then wait they are using the data used on Wall Street to identify leading stocks. Those adopting this innovative approach praise the speed, efficiency and I suppose consistency of any in built bias. Algorithms do not have bad days or intuition.