4 ms·

Survivorship bias?

• throwaway29812 4y ago
  Without data on industry wide startup failures year over year, impossible to say. But most likely yes.
• travisjungroth 4y ago
  Not necessarily. If you say starting a company is great because you asked 10 post-exit founders what they thought and they said “lots of work but totally worth it” that’s survivorship bias. Founders that didn’t survive wouldn’t say the same thing. If you’re saying that founding a startup in a down economy is a good idea because of a higher chance of survival that’s not survivorship bias. The non-survivors aren’t ignored, they’re included in the rate calculation.