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There are a decent number of tools doing parts, or even most, of what he is suggesting (Crunchbase, Mattermark, AngelList, some of the paid tools like Pitchbook
by the_watcher 12y ago
There are a decent number of tools doing parts, or even most, of what he is suggesting (Crunchbase, Mattermark, AngelList, some of the paid tools like Pitchbook, CapIQ, etc). The key here seems to be that, despite presumably knowing and using all of these tools, Fred Wilson (my dad's name too, always weird to type it) still feels like a unified product would be valuable.
brandonb has an accurate comment that you could take pg's advice to do things that don't scale and do this manually to start, without building the tech Wilson talks about. I agree with him, that's probably good advice. At the same time, building the technology to do this seems like an interesting project to work on, regardless of its potential as a product, so it also qualifies under sama's startup advice to start with an interesting project. Maybe the right set of founders are a) someone with exposure and knowledge in the VC and investing space and b) someone who is interested in building some web crawlers and algorithms. The finance founder runs the web form and gets the business end going, as well as helps design the inputs to the algorithm, while the technical founder builds from the bottom up - first the web crawler, then the crunchbase joiner, etc.