Funding Daily: 111

Thanks to investors and the alleged “energetic gateway” that opened today, an unusually high number of startups announced fundraising today.

The Moneyball strategy is the future for venture capital firms

Investors suffer from a number of cognitive biases. The biggest, most powerful and most dangerous bias in Silicon Valley today is called the “herd mentality” or “bandwagon effect”. A data-driven approach is the best way to break through these biases.