Data Mining Reveals The Secret To Matching Crowdfunding Projects To Investors
“They then mined the data to find out what kind of projects frequent investors were most likely to back. “We find that frequent investors are likely to fund projects that are well-managed; have high pledging goals; are global; grow quickly; and match their interests,” say An and co.”
From personal and professional experience, the better the startup, however large or small, is managed, the more likely it is to instill the sort of confidence in its future as a business and thus garner investment—to a point. And most true when the investor class is able to perceive and evaluate the narrative pitched. But this makes sense. The market is that frothy pool of received knowledge collapsed fantasy. Fiction is the domain of the outré and unrealized (and unrealizable, at least now) fantasy.