How Data Analytics is Changing Startup Financing
In my first job after college I worked for Bain & Company and learned a lot about how to use data to understand how companies could maximize revenue and profit—either to drive their stock price or service the debt applied by a financial sponsor.
Recently, looking at several companies preparing for their series A financing I have been having an intense sense of deja vu back to my Bain days. In many cases, the depth of operational understanding that these tiny companies have beats the analysis that large companies paid Bain millions of dollars for just a decade ago.