3 ms·
But then you're acknowledging that startup success is not solely dependent on luck...
by argonaut 13y ago
But then you're acknowledging that startup success is not solely dependent on luck...
- baddox 13y agoI think you're interpreting the idea of luck incorrectly. Luck in this context is simply the phenomenon of being one of the start ups with high success. To say that success depends solely on luck means that the success of any startup is simply rand(). That doesn't mean all start ups are equally successful.
- indrax 13y agoGiving selected startups money confounds two factors: the selection criteria and the extra funding. This means that any differences in the success rate can't simply be assigned to the selectors choosing wisely.