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by seats
5108 days ago
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One thing that is interesting about looking at both mean and median is getting a feel for the shape/variance of the returns. One huge winner could randomly happen in an otherwise low-quality program and that incubator would appear higher on rankings forever after that unjustly since the result is very much not reproducible. In other words measuring by average could mask getting lucky. |
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One would think that. The article states that 45% of programs have not had any graduate that raised venture funding. That boggles my mind. But this data helps explain the uneasy feeling I get when I see niche accelerators following a cargo cult mentality.