- Venture Capital - Chris Dixon, Co-Founder of Hunch | Summary and Q&A

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July 7, 2011
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This Week in Startups
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- Venture Capital - Chris Dixon, Co-Founder of Hunch

TL;DR

Chris Dixon discusses his background in computer science, his time as an angel investor, and his views on the current market trends.

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Key Insights

  • 👨‍💼 The combination of computer science and business skills can be a powerful advantage in the technology industry.
  • 👤 Hunch is a recommendation system that uses user preferences to provide personalized recommendations.
  • 👾 The emerging data services layer of the internet is expected to be valuable, and Hunch aims to be a leader in this space.
  • 😇 Chris Dixon approaches angel investing by looking for unique opportunities and helping startups navigate the financing process.

Transcript

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Questions & Answers

Q: How did Chris Dixon's background in computer science shape his career as an angel investor?

Chris Dixon's early exposure to computers and programming languages like BASIC and C gave him a unique perspective in the technology industry. He found a way to combine his passion for computer science with his interest in investment and became an angel investor.

Q: What is Hunch and how does it work?

Hunch is a recommendation system that uses user preferences to provide personalized recommendations. It analyzes data from various sources, such as social media profiles and user interactions, to predict and suggest content that is relevant to each individual.

Q: What role does Hunch play in the emerging data services layer of the internet?

Hunch aims to be a leader in the data services layer by providing sophisticated prediction models for human preferences. As the internet becomes more personalized, the ability to accurately predict and personalize recommendations will become increasingly valuable.

Q: How does Chris Dixon approach angel investing?

Chris Dixon believes in the power of being good at more than one thing, particularly when it comes to combining computer science and business. He looks for unique opportunities with passionate founders and focuses on helping early-stage startups navigate the financing process.

Q: What are the current market trends and challenges in the angel investing space?

Chris Dixon notes that the New York market is growing and becoming more competitive. However, there is still a need for normalization of user data and standards among different platforms. He also acknowledges the importance of addressing privacy concerns and providing users with control over their personalization preferences.

Summary & Key Takeaways

  • Chris Dixon shares his journey as a lifelong computer science enthusiast and how he got into angel investing.

  • He explains the concept of Hunch, a recommendation system that uses user preferences to provide personalized recommendations.

  • Dixon emphasizes the importance of understanding and predicting consumer preferences and believes that Hunch can be a valuable player in the emerging data services layer of the internet.

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