Some interesting links we found across the web this week:
How The Fiduciary Rule Will Harm Fintech And
Startups
The Department of Labor may not be the first federal agency on an
early-stage startup founder's mind, but keep an eye on their
upcoming decision around the "fiduciary rule," expected
to be released next week. It's expected to significantly limit
the degree of risk permitted in investing through 401(k) and IRA
accounts, which have been source of funds for angels and VCs. Click
through for more and stick with this under-the-radar
development.
Why Mutual Funds Can't Agree on What Unicorns
Are Worth
We've previously noted the subtle but increasing involvement of
mutual funds in the startup market and their obligation to
regularly re-value their portfolio companies. This week, a new
Fidelity valuation report marked down Dropbox, Cloudera and
Zenefits (registration/subscription), among others, but at
least one trustworthy commentator is highly skeptical of
their methodology.
This AI Engine Takes Common Biases Out Of The
Venture Capital Process
Ever tried pitching to a computer? That's right—we're
getting closer to Watsonesque decisions on venture capital
investment. Check out and keep tabs on this fascinating project by
the UK-based accelerator Founders Factory.
Inside Silicon Valley's Big Pitch
Day
Y Combinator recently hosted a particularly epic demo day, and if
you weren't there, this piece from The Atlantic will
certainly make you feel like you were. A perfect weekend read.
Building Long Term Companies
We're longtime fans of Brad Feld's writing and this post on
the sustainability of an idea is no exception. Dig in and dream
big!
Links compiled by Jared Brenner.
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