Wednesday, February 20, 2008

A Litmus Test for VC Investments?

The New York Times had an interesting article out about two Oxford students that have developed a site called Younoodle.com that apparently uses an algorithm to determine if a prospective VC investment idea will be a sound investment. Check out the article here.

"YouNoodle’s financial backers include Paypal co-founders Max Levchin and Peter Thiel, and the Founders Fund, a venture capital firm. YouNoodle has not disclosed the amount of its seed financing."

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