In the Present

  • Partner at WR Hambrecht + Co, an investing and venture capital firm based in San Francisco. The firm and founder William Hambrecht have participated in over 500 IPOs and venture investments including Adobe, Amazon, Apple, Genentech and Google.
  • CEO of Growth Science, a data science prediction lab in Portland that uses algorithms to forecast the rise and fall of businesses. Growth Science works with an elite roster of Fortune 500 firms and has helped guide billions in growth investments spanning private equity, organic growth and acquisitions.
  • Board Director at Ironstone Group, a private equity firm based in San Francisco.

In the Past

Formerly, Thomas used data science to guide growth investments and innovation at Intel. He was Chief Investment Officer of Rottura Capital, a long-short equity hedge fund that used data science to invest in disruptive opportunities. He also helped found a high performance computing business that was later acquired. As a result of his work in data science Thomas was invited to the Harvard Business School by Professor Clayton Christensen to collaborate as a resident Fellow. Thomas and his early research were the subject of book The Innovator’s Manifesto: Deliberate Disruption for Transformational Growth by bestselling author Michael Raynor.

Growing up in Honduras, Bolivia, India, Nepal and Indonesia, Thomas believes good business can be the key to social well-being.

The world’s understanding of business has a bigger impact on our lives than just about anything else within our power to influence

Thomas is a member of the Harvard Business School Forum for Growth and Innovation. In addition to his fellowship at Harvard, he holds a BA, MBA and Juris Doctor. While no longer practicing law, he’s a licensed attorney and previously practiced corporate law. He’s a Board Member and former Executive Director of the Revenue Capital Association, and an Advisory Board Member of the Washington State University College of Business.

“I would suggest that others examine the work of a former Intel colleague Thomas Thurston (now at Growth Science).  Thomas has shown how a data-based model can be distilled from theory and can be very influential in decision making.”    

- Brandon Barnett, Director of Business Innovation, Intel Corporation

“Thurston would appear to be in a league of his own… we should expect him to be taking calls from Warren Buffet.”    

- Michael Raynor, Director, Deloitte Services

“One positive example is… Thomas Thurston… applying the theory that specifies when innovations succeed, he was able to predict, without knowledge of the outcomes, a statistically significant 85% of successes and failures… Thurston then teamed up with Clayton Christensen to teach the theory to business school students… The progress shows the theory’s value and that the students can learn the lessons and improve performance.”    

- Michael Mauboussin, Head of Global Financial Strategies, Credit Suisse

“Cray works every day with customers and partners to help them use simulation and modeling to drive innovation and discovery in science, engineering and big data analytics.  As our company looked at different opportunities to leverage our unique technology more broadly in the market, we followed this same path and partnered with Growth Science, leveraging their data-driven model and analytic tools to help us get insight and predict market success rates for new and different offerings.”

-Peter Ungaro, President & CEO, Cray Inc.

“Clayton Christensen’s work on disruptive innovation is a quantum leap forward for management theory. Now, Growth Science has built on this amazing work and taken it to heights few could have imagined. It’s a tribute to both Christensen’s genius and power of what’s possible through data science and today.”

- William Hambrecht, Chairman, WR Hambrecht+Co

“Growth Science is one of the only firms that understands how activities take place within an ecosystem. Each business ecosystem may appear unique, but each, given a set of circumstances, will behave the same when organizational DNA is exposed to external stimuli.  Growth Science is the only company that has figured out how to simulate the outcome of an idea given both internal and external realities.  It’s moved beyond discrete path models to a situational-aware behavioral model.  No one else is doing this type of work.”    

- Ron Hoffner, Senior Manager; Strategy & Business Development, 3M

In the news

TechCrunch Logo

Christensen vs Lepore: A Matter of Fact, TechCrunch

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Will Your Startup Survive? Big Data Knows the Answer, icrunchdata

A Second Conversation with Venture Capitalist Thomas Thurston, icrunchdata

Tango Messaging App Gets Massive $280M Investment Proving Big Data was Right All Along, icrunchdata

Venture Beat

5 data scientists who became CEOs — and are leading thriving companies, VentureBeat

Why Businesses Fail: A Data Expert Explains It All, Entrepreneur

Fast Company Logo

This Prediction Algorithm Can Tell If Your Startup Will Fail, FastCompany

Reuters PE Hub

More VCs bet on algorithms to mine for deals, Reuters PE Hub

Innovation Leader

Will your project live or die? Predicting corporate infanticide, Innovation Leader

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Venture capital in an age of algorithms, GigaOm

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New Venture Focuses on Science of Deal, Not Art of the Deal, The New York Times

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New Partner at Quiet Hambrecht Fund Takes ‘Moneyball’ Approach to VC. Xconomy

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New Portland HPC Startup is ARMed and Dangerous, InsideHPC.com
Ironstone VC Fund Using Data Science to Pick Disruptive Startups, InsideHPC.com

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Oregon startups compete for billionaire’s support. KGW NEWSCHANNEL 8

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Will this startup succeed? Oregon Business Magazine
Data Science: Part II. Oregon Business Magazine

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Executive Profile – Thomas Thurston. Portland Business Journal
How a data cruncher brought a VC to town. Portland Business Journal
Thomas Thurston’s secret algorithms for picking VC winners. Portland Business Journal
How Thomas Thurston helped lure Ironstone VC group to Portland. Portland Business Journal

In Academia