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Funding could be reported late, but then slotted at the accurate time. For example, in January 2013, we might get news -- and then have retroactively represente
by gojomo 14y ago
Funding could be reported late, but then slotted at the accurate time. For example, in January 2013, we might get news -- and then have retroactively represented in CrunchBase -- a funding that closed in October 2012.
So even if Crunchbase is eventually a full/accurate/consistent record (which is itself a big 'IF'), such a lag in reporting could mean any 2012 numbers aren't accurate (and comparable to 2011/2010/etc) until sometime 2-6 months into 2013. Ergo, any 'downward trend' at this point might still just be an artifact of the limited data.
- diego 14y agoExactly. And it's even more complicated: the author assumes that funding is distributed evenly over the year, when it's not. Very few deals close during the summer, and the period September-December is particularly active. To the OP: you are jumping to conclusions too quickly without asking the right questions. You also seem too attached to your hypothesis. I recommend that you read Nate Silver's new book "The Signal and the Noise."