In Palihapitiya's defense, he presented a logical argument of how this could work when I heard him speak in person. Essentially: 1. More SaaS products like usi

In Palihapitiya's defense, he presented a logical argument of how this could work when I heard him speak in person. Essentially: 1. More SaaS products like using Stripe for payments, AppAnnie, etc. can audit and monitor revenue. 2. Small, seed stage investments up to 250k and placing a lot of bets. 3. Companies could apply online allowing for startups in non-traditional and underserved areas like Mexico City to receive funding. Ditto as well for removing potential human biases like founder gender, race, etc. I don't believe he ever proposed using a completely data driven decision for a $200M Series C round. Personally, it seems like an unfortunate situation as I like when someone undertakes a new approach to an old problem, but it sounds like he stopped showing up to do the work needed for this to happen.