PitchBook April 18, 2017
As you know better than anyone, the venture capital landscape is constantly changing. To navigate and compete in this noisy, complex space, it’s essential to have the right data behind you to validate your intuition. In this post, we’ll walk you through how to identify your data needs and pick the best resource for your firm.
First things first: figure out what you need. Ask a small group of colleagues across your organization, from analysts to general partners, if they would be willing to help determine your requirements. In addition to documenting your current processes, this team will want to talk with users to establish database use cases, detect frustrations and come up with a list of non-negotiable prerequisites.