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> firms founded by forced entrepreneurs are more likely to survive, innovate, and receive venture-backing Actually this result surprises me. The survivorship
by vmception 5y ago
> firms founded by forced entrepreneurs are more likely to survive, innovate, and receive venture-backing
Actually this result surprises me.
The survivorship bias I was expecting was that upper middle class and upper class people got opportunities to try ideas over and over again because their funding never ran dry. And therefore we get to hear misleading stories about entrepreneurs starting from their garage, but turns out the garage was at a home in Atherton, the most expensive zip code deep in Silicon Valley.