This week witnessed an excellent report by Dr. Andre Retterath
and his team on the ongoing changes and dispositions in the Data Driven VC market. The report clearly shows how an army of foundations is building their systems for collecting and processing disparate data, improving their awareness of technologies, founders, market niches and much more, which can significantly affect the success of potential investments. Such developments will allow in a couple of years to significantly change the way of analyzing projects and forming pipelines within funds (non-obvious deals will be enriched with data), build competitor buying strategies, identify the best matching co-founders and promote more accurate marketing campaigns. These trends will become an integral part of Venture 3.0.
Even now we see that in The Garage Syndicate
most of the business is going to be automated, for example, screening and sourcing, DD, investor communications, deal updating and, of course, we would like to become the industry standard in this emerging trend as well, as this contributes to the development our Data DNA and improves the profitability (ROI or TVPI) of every syndicate trade. To realize this ambition, the Wale.ai
project was launched, which promotes the massive use of AI technologies in investment decision-making not only by The Garage Syndicate
, but also by other funds, syndicates and private angel investors, as well as in the transformation of startups themselves.