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Don't forget to check the reverse of your findings with failed companies Using a bunch of data from startups that succeeded is baking in a survivorship bias
by corobo 6y ago
Don't forget to check the reverse of your findings with failed companies
Using a bunch of data from startups that succeeded is baking in a survivorship bias
- upen946 6y agoSurvivorship bias is one of the biggest things we can't ignore. In my view, survivorship bias is the main reason , some projects fail as the founders dont see the main reason behind the success for the product they copied. There could be hundred reasons for a product to work for someone at sometime because of something. Probably I should make a list of product that died after making $1K MRR(in 12-24 months)