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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Shared Information Bias
Description: Shared Information Bias Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The shared information bias is a cognitive bias defined by Wikipedia as the tendency for group members to spend more time and energy discussing information that all members are already familiar with and less time and energy discussing information that only some members are aware of. Investors focus on information their investor group already knows and talks about but spend less time on information that is not well known. In diligence, investors focus on the areas they...