Is Your Intuition Better Than Your Model?

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If your intuition and the model disagree, then the challenge is to try to understand why. So it's a way of helping to hone your intuition. This reminds me of the case of Daniel Kahneman, the famous psychologist. He developed a system where they would actually score candidates on a bunch of factors. And he would average the quantitative result with their intuitive gut feeling.

How can we better make decisions under uncertainty? What are some of the different ways of being uncertain? What are some powerful venture patterns? How can founders and venture capitalists reduce risk in their startups and portfolios? What is the nature of innovation? How can investing be used to do good in the world?

Miles Lasater has started 3 companies, 2 nonprofits, and 1 family with 4 kids. He has been a founder, VC, angel investor, business school professor, board member, donor, improv comedian, and dancer. He currently is Founding Partner of Purpose Built Ventures and serves on the board of tech nonprofit Curious Learning. Miles also hosts a podcast called Startups for Good (which you can also follow on Twitter at @startups4good). Find out more at mileslasater.com.

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