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That's exactly how survivorship bias, in particular, works: "Survivorship bias is the logical error of concentrating on the people or things that 'survived' so

That's exactly how survivorship bias, in particular, works: "Survivorship bias is the logical error of concentrating on the people or things that 'survived' some process and inadvertently overlooking those that did not because of their lack of visibility." [Wiki] Sam's saying that very successful companies tend to hit all of these points, in contrast to less successful or unsuccessful companies, which will miss one or more of them. You don't need to take the post at face value, but if you're claiming this is a result of survivorship bias, then you're arguing that successful companies just happen to have these traits, and they don't actually help the companies succeed. I don't think that's true.

hayksaakian 13y ago
> You don't need to take the post at face value, but if you're claiming this is a result of survivorship bias, then you're arguing that successful companies just happen to have these traits, and they don't actually help the companies succeed. I don't think that's true. I think this is exactly what he's arguing If you're of the opinion that startup successes are mostly luck and timing, then this makes perfect sense. If a team/company had every single positive/beneficial trait on that list, then how much more likely are they to "succeed"?