Never Trust A Research Firm
from the who-ever-did? dept
No one involved with startups or VCs ever would admit that they believed research reports from any of the random analyst groups out there. But, that never stopped them from paying for ridiculous reports with no basis in fact, just to throw some numbers around to investors and customers who didn’t know any better. Now suddenly (and finally!) it sounds like some of the research firms are taking a little heat for their useless (and wrong) predictions. I still think that there should be some sort of score card on how well these analysts score. Of course no one is going to be right all the time, but how often are they right? And when they’re wrong, just how wrong are they? Shouldn’t we be able to get that information?