"Could algorithms help create a better venture capitalist?" "Could algorithms help create a better venture capitalist?"Fortune | August 2015 “Ask anyone in venture capital about their business model and they will probably tell you it’s all about the “hits.” In the VC world, a hit is a startup that makes it big, returning many multiples of a venture fund’s initial investment. Hits are great for everyone—investors, entrepreneurs, job seekers—but the problem is they don’t happen very often. William Hambrecht, a legendary venture capitalist who made early investments in Apple, Genentech, and Google, says the odds of a big hit are about one in 10. “A few others will work out, and you’re going to lose in a lot,” he says.” Read the full article KatieAugust 14, 2015Fortune Facebook0 Twitter Pinterest0 0 Likes