Crowd Sourcing (Business Angels) / Gilad Ravid PhD- Ben Gurion University of the Negev

The Strength of week ties

● Weak ties let us reach new audience that are unreachable by strong ties
● Strength of toes is a combination between period of familiarity, volume, intimacy of the connection
● If A and B connect through strong tie, many of A connections will be also B connections.

Traditional Problem Solving

Use our Instinct/Guess
● Use our own Experience
● Ask an Expert
● Research books by Experts
● Ask a Friend/Colleague
● Follow the Leader
● Follow the Trend

Wisdom of Crowds

What Galton discovered was that in actuality crowds of people can make surprisingly good decisions IN THE AGGREATE, even if they have imperfect information.

http://www.vfu.bg/business_angels/presentation/http://www.vfu.bg/business_angels/presentation/