As part of our recent Next Invest conference, I had the chance to chat with Leigh Drogen, founder and CEO of Estimize, about what his crowdsourced earnings estimates service has accomplished to date and where it’s headed.
In the interview, embedded below, Leigh says Estimize now has no less than 2,200 contributing analysts from asset management firms, hedge funds and independents, and has become more accurate than Wall Street analysts in predicting earnings reports “about 2/3 of the time.”
The next stage is adding an intelligence layer to Estimize’s growing data set and further marketing an API to the buy side. We also discuss AngelList and the most exciting trend in Fintech as Leigh sees it – crowdfunding.
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