Sep 24, 2011

Moneyball for tech startups

Written by : Tom George| 0 |

Via Scoop.itinternetbillboards

Moneyball, the film based on Michael Lewis’s excellent book about the business of baseball, opens this weekend. If you haven’t read the book or seen the trailer, the basic idea is: Oakland Athletics general manager Billy Beane — played in the film by Brad Pitt — turned the baseball industry on its head by using objectivity and data to help pick a baseball team, instead of subjectivity and gut. It was controversial and not perfect, but he did a pretty good job at it. As I was re-watching the Moneyball trailer this week, I wondered: Could this same principle be applied to investing in tech startups?
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Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

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