[crucialfelix]

There is another selection bias: the companies that are declared successes are those that went through the FI 4 month boot camp and founded a company.

But they have a 60% drop out rate.

Why do people like myself (and several very intelligent people in my session) dropout of FI ? We all dropped out because we found the course wasn't well planned, the weekly assignments were often annoying and non-sensical and got in the way of doing important work on developing the company. They dump surprise assignments on us during Christmas while we are at our relatives. I wasn't getting important questions answered and found better info elsewhere.

So intelligent people are dropping out and then FI reads this as: intelligence is not correlated with success. So they reduce IQ from the entrance test. Correlation does not imply causation.