![]() AH Capital Management is an investment adviser registered with the Securities and Exchange Commission. ![]() Views expressed in “content” (including posts, podcasts, videos) linked on this website or posted in social media and other platforms (collectively, “content distribution outlets”) are my own and are not the views of AH Capital Management, L.L.C. I write a high-quality, weekly newsletter covering what's happening in Silicon Valley, focused on startups, marketing, and mobile. Get new updates/analysis on tech and startups When you see these companies actually investing their own money into the results, then that’d be the first indicator that the company believed the results were any good. They just want you to transact (and buy picks), not actually participate in the winnings themselves. So like mutual fund companies that keep thousands of funds around just to publicize the occasional winners, their interests are not aligned with yours. The funny thing is, the model for PicksPal and the companies discussed in that article come from simply SELLING the predictions. Then, if you were to ask them how they did it, they might even have cogent explanations on how or why they had become coin-flipping "experts." At the end of the day, their ability to flip coins would still be 50/50, like everyone else. If you held a coin-flipping contest with thousands of people, and had them flip coins over and over again, eventually you’d find one or two folks who had a long string of heads.
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