5 ms·
Lagging indicator of what specifically? (I agree I could imagine many relevant measures it lags, just wondering what you have in mind).
by cashmonster 3y ago
Lagging indicator of what specifically? (I agree I could imagine many relevant measures it lags, just wondering what you have in mind).
- hunkins 3y agoLagging indicator of previous success. For tech, this currently is Bay Area start-ups (Meta, Google). The safe route is to invest based on brand name (aka previous success): Bay Area, ex-FAANG, Stanford education, etc. But by definition, you are trying to bet on current and future trends using previous data.
- rcme 3y agoLater stage companies raise bigger rounds, so the metric will lag even if more companies are starting elsewhere.