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In before "survivorship bias". In any case, it's amazing that so many successful companies were in that building.
by dk8996 11y ago
In before "survivorship bias". In any case, it's amazing that so many successful companies were in that building.
- gkoberger 11y ago"Survive" is the one bit of advice that, by definition, is immune to survivorship bias. Basically, Justin is saying "the ones that survived are the ones that survived". It's stating the painfully obvious, however it's a simple contrast to the normal "strategic" advice. Paul Graham writes about this a lot: http://paulgraham.com/aord.html http://paulgraham.com/aord.html http://www.paulgraham.com/die.html http://www.paulgraham.com/die.html http://paulgraham.com/badeconomy.html http://paulgraham.com/badeconomy.html
- ak39 11y agoThanks for this. That PG article was sobering for me. All the while reading it, I had Shawshank's "Get busy living or get busy dying" playing in my head. :-(
- idlewords 11y agoIt's amazing that this pure meritocracy happens to favor a small group of friends!
- gkoberger 11y agoThey weren't friends beforehand, and most had no prior Silicon Valley connections.