Data-driven decision making: Combining Silicon Valley tech with Wall Street heuristics

What are venture capital firms currently doing? Some are hiring data scientists, some are relying on company-scoring algorithms, but the most useful technique may prove to be one that automatically collects long-tail data, empowering an analyst to spend less time on data organization and more time on analysis.

Now the arms race is on to apply technology to proven investment heuristics.

by Bastiaan Janmaat

Read more: http://medcitynews.com/2014/05/data-driven-decision-making-combining-silicon-valley-tech-wall-street-heuristics/#ixzz32FqorzxO