Popular Dishes

Saturday, June 12, 2021

Stats for Startups

The folks at Charge Ventures just could’t believe that nobody had not done it before... and just like that, in the most proverbial entrepreneurial way, Stats for Startups got started.

Stats for Startups is the natural outcome of having reviewed thousands of early-stage startup pitches and trying to make rational decisions about where to invest and where to not. Wait! Can you actually rationalize entrepreneurship?

Isn’t entrepreneurship this mystical thing where someone comes up with a massively brilliant idea, they drop out of college, they get millions in VC funding, they grow a huge company and, finally, they retire fabulously rich - or at least – they have the choice to. 

Of course, this is not the case. Anyone that has built or invested in a company knows that entrepreneurship is a hard-earned skill founded on making good decisions (of course some luck too – but we can’t control that – at least for now). Good decisions rely on good data and this is what Stats for Startups is all about.

To paraphrase Peter Drucker, "if you can’t measure it, you can’t invest in it".

Unmeasurable Opportunity?