{"id":"W4238172200","doi":"10.3386/w23895","title":"Squaring Venture Capital Valuations with Reality","year":2017,"lang":"en","type":"report","venue":"National Bureau of Economic Research","topic":"Private Equity and Venture Capital","field":"Business, Management and Accounting","cited_by":29,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of British Columbia","funders":"Social Sciences and Humanities Research Council of Canada; Stanford Graduate School of Business","keywords":"Venture capital; Social venture capital; Business; Finance; Economics","routes":{"ca_aff":true,"ca_fund":true,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.004419043,0.0008199442,0.0006431545,0.001424649,0.0005431735,0.004672865,0.002216686,0.001572869,0.006878997],"category_scores_gemma":[0.02461285,0.0006648343,0.00109435,0.001584358,0.001537104,0.006373733,0.001779749,0.002126464,0.0009112404],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.002295387,"about_ca_system_score_gemma":0.0007810764,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.00928821,"about_ca_topic_score_gemma":0.005693585,"domain_scores_codex":[0.9980763,0.00083046,0.00008649268,0.0003576829,0.0004117451,0.0002372806],"domain_scores_gemma":[0.9932652,0.003914159,0.001175405,0.0007612116,0.0006186724,0.0002653637],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"simulation_or_modeling","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.00008179319,0.0001158462,0.01731749,0.00007469612,0.00006935181,0.0006858525,0.0005778873,0.5424452,0.0003220455,0.3982002,0.005015449,0.03509413],"study_design_scores_gemma":[0.00001447072,0.00006390408,0.003375913,0.00004548024,0.00001415193,0.0001655659,0.000182691,0.8474172,0.00009936812,0.1442416,0.00434648,0.00003315293],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":null,"genre_codex":"methods","genre_gemma":"empirical","genre_scores_codex":[0.3323941,0.0007823521,0.5735365,0.004019686,0.0001553749,0.0002769495,0.001847982,0.0005195552,0.08646756],"genre_scores_gemma":[0.971943,0.0002152177,0.02076924,0.0001196595,0.00005001406,0.000104669,0.0005221711,0.0000457641,0.006230117],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.00928821,"threshold_uncertainty_score":0.02337044,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.4641914253348755,"score_gpt":0.5092674111831412,"score_spread":0.04507598584826572,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}