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by yieldcrv 1227 days ago
It actually highlights the survivorship bias in startups

TinyPilot is an okay venture, if they raise outside capital or do a big exit they will look like an overnight success

Everyone else will have tried the single venture five iterations ago, gone in debt and had to get a job for the next 10 years before hoping their life, family and health let them try again

Richer people just iterate faster, are flexible enough to upskill if they chose to apply themselves in this way