Stanford's Steve Blank believes that, with his methodology, VCs can do to start-up investments what Brad Pitt (in the movie Moneyball) did to baseball management. We focus on evidence and trajectory across the business model. Flashy demo days are great theater, but it’s not clear there’s a correlation between giving a great PowerPoint presentation and a two minute demo and building a successful business model. Rather than a product demo – we believe in a “Learning Demo”. We’ve found that “Lessons Learned” day showing what the teams learned along with the “metrics that matter” is a better fit than a Demo Day. “Lessons Learned” day allows us to directly assess the ability of the team to learn, pivot and move forward. Based on the “lessons learned” we generate an Investment Readiness Level metric that we can use as part of our “go” or “no-go” decision for funding. ...The collective wisdom of venture investors (including angel investors, and venture capitalists) over the past decade...