Venture capital drives startup growth. However, traditional methods of evaluating and selecting projects for venture capital investment are often prone to bias. According to startup failure research, roughly 75% of venture-backed startups fail (though some estimate the total number is higher). Therefore, venture investments are associated with a high risk of financial losses.

Unlike the public market, private companies are not required to disclose financial information. As a result, many investors often refer to the venture capital market as exclusive and opaque. READ MORE