The $600 million asset manager that tracked a startup for three years before investing $1.2 million
📰 TechCabal
BFA Asset Management invests $1.2 million in an Angolan startup after 3 years of tracking, citing poor data as a major challenge
Action Steps
- Conduct thorough research on potential investments
- Track startups over an extended period to assess growth and potential
- Analyze data carefully to identify trends and opportunities despite poor data quality
- Develop strategies to mitigate the risks associated with incomplete or inaccurate data
Who Needs to Know This
Investment teams and asset managers can benefit from this story as it highlights the importance of thorough research and due diligence, while data analysts and scientists can learn from the challenges posed by poor data quality
Key Insight
💡 Poor data quality can hide significant investment opportunities, making thorough research and analysis crucial
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💡 $600m asset manager invests $1.2m in Angolan startup after 3-year tracking, citing poor data as major challenge
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