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Maybe First Round's data set is too small or messy to get meaningful results, but the entire startup world has plenty of data to potentially pull some meaningfu
by jaz46 11y ago
Maybe First Round's data set is too small or messy to get meaningful results, but the entire startup world has plenty of data to potentially pull some meaningful conclusions about bias.
I wonder if all YC companies would be enough data points to learn something useful. Or maybe grab a large swath of VC-funded startups including First Round's investments and many other top firms.
Most of the raw stats in Chris's post was above my head, but I'd love to see this applied to a larger data set of fundings.
- SamReidHughes 11y agoThe tests here don't work when zero-plus-noise is the modal return, no matter how much data you throw at them.
- danieltillett 11y agoThe basic problem is getting hold of good data. Most VC rightly consider their data in this area very valuable and they are not going to part with it easily. Not even Paul delved into YC’s data. More fundamentally even if you could get enough data, the data is just too messy to analyse and draw any valid conclusions.