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by larrys 4664 days ago
"The classic startup article fallacy."

Also classic medium.com type article or for that matter many things that end up on HN. Someone says something (many times you don't even know who they are) and then there is a comment frenzy of people feasting on said article.

One of my first thoughts was who is "Sangeet Paul Choudary" and why should I pay attention to anything he is saying? What is unique about his perspective vs. anyone elses?

"Without looking at the losers, you have no idea what characteristics of the "winning" startup was actually the most important. "

Agree 100%. Same as "Steve Jobs did X and that's why" w/o knowing all the people who did X that achieved squat. No control group. Or (as you pointed out with regards to "luck") being Steve Jobs in the right place at the right time.

1 comments

The classic HN reader fallacy.

Listen to someone because of who they are (especially within HN) rather than what they have to say.