Good morning, All, and good one, eh? Here’s the deal:
They’re still in closed beta, and have limited it to the first 200 startups/entrepreneurs who want to use it. To try the Funding Recommendation Engine:
1. Visit ChubbyBrain @ http://www.chubbybrain.com
2. In the invite code box, enter “startup1stop” (no quotes) and click the green button (Free! Get Started)
3. The Funding Recommendation Engine will then start
How the FRE works?
Investors often talk about “pattern matching” when they talk about assessing investments. The FRE is pattern matching in reverse. The reality is that past investment behavior is the best indicator of future behavior and so the FRE takes inputs about an entrepreneur’s business (industry, funding required, location, stage, experience of entrepreneur, etc) and then algorithmically matches those inputs with investors/funding institutions based on the investors’ actual investment history (not what their website says). The FRE uses data from CB Insights and culls through 8000 investors (VCs, angels, gov’t grant programs, family offices, pvt/growth equity, banks, etc) who’ve made at least one investment in a private company in the last 2 years to algorithmically assess fit with an entrepreneur’s venture.