3 ms·
Actually, you can factor most bias out of decisions by structuring the process carefully. There is no excuse not to do so.
by Zigurd 3y ago
Actually, you can factor most bias out of decisions by structuring the process carefully. There is no excuse not to do so.
- gumballindie 3y agoI am not sure why the downvotes. My comment doesn't imply that we cant or shouldnt have mechanisms to factor out bias or other human nature traits. I think it is precisely because it’s in our nature that we should actively seek a fair process. Nature wont change but the process can.
- sushid 3y agoHow would you do that? Are you not going to interact with the entrepreneurs and see their faces?
- Zigurd 3y agoElite orchestral musicians are hired "blind." Moneyball is about hiring athletes that "don't look the part." There is a case to be made for a fund that would not let, for example, Adam Neumann snow them.
- 1123581321 3y agoIf the attractive founder will be selling, hiring employees or raising future capital, it’s probably not irrational to like them more. 15% doesn’t seem enough to paper over a truly bad business idea like Neumann’s latest.