clock menu more-arrow no yes

Palo Alto Venture Science Hopes to Raise $200 Million Fund

Palo Alto Venture Science, a venture capital firm attempting to improve investment decisions through financial modeling, has raised “is launching” a $200 million fund. “The asset class suffers from too much self-confidence, herd mentality and the home-run mindset,” said Matt Oguz, the firm’s founding partner, in a statement. “We’d much rather do the math when making fund-related decisions.”

Updated: After this story was initially published, the company contacted us to say that it hasn’t raised $200 million. It has “launched” what it hopes might be a $200 million fund, but it has only begun the fundraising process. Re/code wouldn’t ordinarily cover a venture capital firm’s solicitation for investments, but since the story was already posted we have corrected the record.

This article originally appeared on

Sign up for the newsletter Sign up for Meat/Less

How to eat well and do good, in 5 emails.