New ask Hacker News story: Ask HN: Crashed founders, what was the point of failure?
Ask HN: Crashed founders, what was the point of failure?
2 by jlbnjmn | 2 comments on Hacker News.
The recent PG essay on thinking received a lot of comments about survivor bias. It seems the value of survivor bias awareness is realizing the need to compare crashed planes to the survivors. There's clearly potential for mismatched incentives when VCs are talking to potential founders, just like there's a mismatched incentive for armchair analysts to justify their inaction. So, founders who went for it and failed enough to quit, what happened? What was the actual point of failure?
2 by jlbnjmn | 2 comments on Hacker News.
The recent PG essay on thinking received a lot of comments about survivor bias. It seems the value of survivor bias awareness is realizing the need to compare crashed planes to the survivors. There's clearly potential for mismatched incentives when VCs are talking to potential founders, just like there's a mismatched incentive for armchair analysts to justify their inaction. So, founders who went for it and failed enough to quit, what happened? What was the actual point of failure?
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