4 ms·
The CBO estimations compared to the actuals speak for themselves. I find it hilarious when venture capitalists cite CBO forecasts on twitter when, in the real
by creaghpatr 9y ago
The CBO estimations compared to the actuals speak for themselves.
I find it hilarious when venture capitalists cite CBO forecasts on twitter when, in the real world, if you brought that kind of data into a startup pitch it would get laughed out of the room.
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/theapothecary/2017/01/02/learning-from-cbos-history-of-incorrect-obamacare-projections/ https://www.forbes.com/forbes/welcome/?toURL=https://www.for...
^I don't mean to pick on the ACA either this applies to virtually all CBO estimations.
- xxpor 9y agoBecause it turns out that the modeling the CBO has to do is WAY harder than what your typical startup has to worry about.