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Bibliographic Details
Main Authors: Ozince, Ekin, Ihlamur, Yiğit
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2407.04885
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author Ozince, Ekin
Ihlamur, Yiğit
author_facet Ozince, Ekin
Ihlamur, Yiğit
contents This study explores the application of large language models (LLMs) in venture capital (VC) decision-making, focusing on predicting startup success based on founder characteristics. We utilize LLM prompting techniques, like chain-of-thought, to generate features from limited data, then extract insights through statistics and machine learning. Our results reveal potential relationships between certain founder characteristics and success, as well as demonstrate the effectiveness of these characteristics in prediction. This framework for integrating ML techniques and LLMs has vast potential for improving startup success prediction, with important implications for VC firms seeking to optimize their investment strategies.
format Preprint
id arxiv_https___arxiv_org_abs_2407_04885
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Automating Venture Capital: Founder assessment using LLM-powered segmentation, feature engineering and automated labeling techniques
Ozince, Ekin
Ihlamur, Yiğit
Computation and Language
Artificial Intelligence
This study explores the application of large language models (LLMs) in venture capital (VC) decision-making, focusing on predicting startup success based on founder characteristics. We utilize LLM prompting techniques, like chain-of-thought, to generate features from limited data, then extract insights through statistics and machine learning. Our results reveal potential relationships between certain founder characteristics and success, as well as demonstrate the effectiveness of these characteristics in prediction. This framework for integrating ML techniques and LLMs has vast potential for improving startup success prediction, with important implications for VC firms seeking to optimize their investment strategies.
title Automating Venture Capital: Founder assessment using LLM-powered segmentation, feature engineering and automated labeling techniques
topic Computation and Language
Artificial Intelligence
url https://arxiv.org/abs/2407.04885