Via Scoop.it – internetbillboards
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?