5 ms·
The bias elimination idea is coming from financial industry where I worked for years. Investment decisions on various time horizons are mostly algorithmic these
by bra-ket 6y ago
The bias elimination idea is coming from financial industry where I worked for years. Investment decisions on various time horizons are mostly algorithmic these days, in the best firms.
The odds of successful startup are pretty low and there is a good reason to believe that if you throw darts at the wall the success rate will be about the same.
YC success has to do with large numbers of founders funded, with most of them , successful and unsuccessful, coming from particular cluster of population. Attracting the attention of that cluster is the second big reason for their success.
I'm all for scientific approach, so random forest of octopi classifiers doesn't sound so bad. The difficult part is being a founder magnet like pg in the early days.