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8% of such a tiny sample isn't anywhere near close to being able to extract trends. In such a volatile arena as investor funding even if the number of hardware
by hnriot 14y ago
8% of such a tiny sample isn't anywhere near close to being able to extract trends. In such a volatile arena as investor funding even if the number of hardware companies doubled from 4% last year to 8% this, it's still noise.
We (as a tech community) need to careful thinking so small. YC is tiny. If the article was the result of talking to other investors and a similar trend was identified across the board it might be newsworthy, but to anyone with any statistical background this isn't a trend, it's noise. That doesn't mean there isn't a trend, it just means this isn't in and of itself, evidence of one.
- sachingulaya 14y agoThe sample space is all the startups that submit applications to YC--not the ones that are accepted.
- 001sky 14y agoOut of 84 companies, 7 were making hardware. On the whole they've done better than the companies that weren't. Perhaps you could elaborate? This text 'sample' does not appear to play nice with your comment.