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Be honest about winner's bias... there are a lot of dead horses in their graveyard too.
by officialchicken 3y ago
Be honest about winner's bias... there are a lot of dead horses in their graveyard too.
- vikramkr 3y agoThey lose less money on the losers than they make on the winners. The whole game is about maximizing the number of wins, not necessarily percentage.
- coffeebeqn 3y agoThat’s literally the VC business model?