from Hacker News

Unicorns, Syndicates and the tools to track them

by paulsingh on 11/8/13, 4:09 PM with 3 comments

• by minimaxir on 11/8/13, 4:26 PM

  So, where exactly is the data coming from?

  I realize that's likely a trade secret, but there's a difference between having data and good data, and "analysts working around the clock validating [the data]" doesn't help when the data is flat-out missing.

• by triaged on 11/8/13, 5:00 PM

  This (indicate.io) And Mattermark seem to be doing similar things - compiling (sometimes superficial) data on startups in order to score them and sell that data to investors, press, or competitors.

  If this becomes widespread, it'll be interesting to see the impact, both in what types of startups have a biased advantage and what "gaming the system" will look like.