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by vasilipupkin
4677 days ago
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That's fine just as long as what he did wasn't the following: 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 |
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Controlled studies of startup founders are not practical.