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That. Learning is a high-p, low n problem even if YC attempts to do the opposite (extract a set of learnings that apply to every company, via observing first ha
by crdb 12y ago
That. Learning is a high-p, low n problem even if YC attempts to do the opposite (extract a set of learnings that apply to every company, via observing first hand more than any other fund or entity in history). The richness of a story is a feature.
A nice parallel in finance is Steve Drobny's various books. Their format is anonymous interviews of very successful and well known hedge fund managers, where they explain their thinking through a bunch of events, actions, and analysis of what happened. They are REALLY good.