matt kaufman @ all things data 2016

Scaling a crowd sourced data platform

Matt Kaufman — matt@crunchbase.com

CrunchBase is the world’s most widely used private company dataset

22MUsers in 2015

2,500Venture Partners

200kContributors

Ten Years of CrunchBase

2005 2007 2010 2015

Trust the community to report company data

XLS

Sources of Data

Contributions to CrunchBase

¤ In the first half of 2016…

¤ 380,000 profiles updated

¤ 140,000 profiles createdCuration

Partners

Community

Contributions to CrunchBase

¤ 200,000 individual contributors

¤ 75,000 profiles updated each month

¤ Not all data can be crowd-sourced

¤ Easy to start, but hard to maintain

¤ Community norms matter from the start

Curation

Partners

Community

Contributions to CrunchBase

¤ 2,500 investment firms Venture Program

¤ Government and commercial licensees

¤ Partners are reluctant without traction

¤ Partner management requires effort

Curation

Partners

Community

Contributions to CrunchBase

¤ Crawling the web, news, and social media

¤ Teams in India provide human curation

¤ Machine learning works, but…

Curation

Partners

Community

Breadth — Depth — Accuracy

¤ Crowd sourced data is tough to measure

¤ Identify quantifiable metrics

¤ Create longitudinal analysis

¤ Partners can validate where you cannot

¤ User behavior can identify issues validate

2016 study by Kauffman Foundation

Research Driven by CrunchBase Data

Measuring the Growth of Female Founders

¤ Several studies in 2014-2015 discussed challenges

¤ CrunchBase positioned to deliver transparent analysis

¤ Automated analysis using biographical text and first-names

¤ Manual review to address limitations in automation

¤ Invite community to identify errors and make corrections

Upward Trend for Female Founders

¤ In 2009, 9.5% startups had at least one woman founder

¤ By 2014 that rate had almost doubled to 18%.

Female Founders On An Upward Trend, According To CrunchBase May 2015

Comprehensive Study of Women in Venture

62 of the 100 global largest venture capital firms have zero female partners.

7% of investing partners at the top 100 global venture capital firms are women

The first comprehensive study on women in venture capital and their impact on female founders — April 2016

Trends in Venture Investments

Early Stage Venture Trends in US

¤ Report of major drop in Seed funding was pre-mature Seed volume down 10% Q1-16 YoY

¤ Investors make bigger bets in Seed as bar rises for A Seed round size up 25% Q1-16 Y-o-Y

¤ Valuations fall for Series B as later stage contracts Series B size down 25% vs 2015 high

Growing Coverage of Israeli Startups

4,000Companies with offices in Israel

1,200Investors in

Israeli companies

60,000Web visitors from Israel each month

Thank You

Matt Kaufman — matt@crunchbase.com