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by jonkelly
4677 days ago
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PG offered a clear underlying model in this essay. His model is that a) founders need to sell well to succeed and that b) it's hard to sell well if you can't be easily understood. You have a "guess" that mundane traits are more important for success. He has a theory and data that support his theory. |
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see some small number of founders with a fairly strong accent, say < 30 or < 50 or < 60, then observe that those startups happened to do poorly and then extrapolate a theory from those observations to explain what is happening. I am not necessarily disagreeing with his thesis, but in statistical data analysis you have to be very careful about drawing conclusions from small samples when the underlying distribution is non-normal, with fat tails