Can an algorithm predict whether a startup will successfully exit? PitchBook believes so.
The venture capital and private equity database today launched VC Exit Predictor, a tool trained on PitchBook data to attempt to suss out a startup’s growth prospects. When given the name of a VC-backed company, VC Exit Predictor generates a score on the probability that it’ll be acquired, go public or not exit due to becoming self-sustaining or experiencing any event (e.g., bankruptcy) that prevents an exit.
“The VC Exit Predictor was developed using a proprietary machine learning algorithm developed by PitchBook’s quantitative …
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