It wasn’t that long ago that AI stock picking engines were all the rage. Because they were trained on historical data, when tested, the outcomes they predicted from any point in the past were rather accurate. But the world continues to change and investors soon learned that historical data is not always the best predictor of future results. Here’s my analysis as an investor.
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David Gardner, one of the most active venture capital investors in North Carolina, says his firm Cofoundrers Capital is joining the exodus of account holders at Silicon Valley Bank – up until Thursday a huge financial pillar to the nation’s startup and tech economy.
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Cofounders Capital not only has closed on a new fund – its biggest yet at $50 million – but the eight-year-old Cary-based venture firm also is making changes from management to investment reach. It’s also going to make larger investments available, which entrepreneurs might find very appealing.
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Today we live in a much more complicated world. Totally unregulated capitalism can, and often has, hurt the public interest and the liberties we so cherish. Nowhere is this more evident today than in the area of social media.
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Automation Intellect, a startup focusing on analysis of machine data to improve performance, has closed out 2022 with nearly $1 million in new funding.
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The Cary-based startup Myxx Inc. has been bought by SmartCommerce, an Atlanta-based provider of analytic solutions in what we’re calling a ‘tasty’ deal.
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The venture capital industry has shifted in recent months, despite what the overall data may show, Triangle-area VCs say. But it’s not bad news for NC.
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Triangle-based venture capitalist David Gardner has listed his Cary mansion for sale. But where will he move next? He explains his move to WRAL TechWire.
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Durham’s biospatial raised a $3.4M Series A and is first to have co-investment from Bull City Venture Partners, Cofounders Capital, and IDEA Fund Partners.
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