YouNoodle: Better Startup Valuation Through Algorithms?
| August 11, 2008 |  View for printing |
On Tuesday, Michael Arrington from http://www.TechCrunch.com had a fascinating post about his experience playing around with a startup called http://www.YouNoodle.com , which tries to do for start-up funding what credit scoring did for personal lending.
Before the 1950s, lending depended on the wisdom and judgment of loan officers. Then, a company called Fair Isaac developed a way to use four simple variables to develop a credit score that reliably predicted the risk of lending to an individual. Using the approach could allow any individual to meet, if not exceed, the accuracy of a loan officer, whose judgment might be clouded by extraneous factors.
Posted by Scott Anthony
Full Story: http://discussionleader.hbsp.com/ant ... ough_a.html
No reader comments so far. Be the first to comment by clicking the button below.
Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
