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Selection bias is a tricky question when evaluating "they do seem to pick an outsized number of winners." Does that mean that the people they pick off personal
by kevingadd 4y ago
Selection bias is a tricky question when evaluating "they do seem to pick an outsized number of winners." Does that mean that the people they pick off personal traits and a 15 minute demo are intrinsically winners, or is it just possible for YC to turn almost anyone with the right skills into a winner?
- chrisfrantz 4y agoGreat question, I imagine there is some truth in both statements. The failure rate in the startup world, especially when success means a billion dollar exit or IPO, is incredibly high though.