Hey I am on Medial • 5m
Unpopular opinion, but I think this data is skewed by survivorship bias. Of course the top 0.1% of startups will have older founders - they've had more time to accrue the necessary experience and connections. But for every successful 45-year-old founder, there are countless others in their 40s who never made it past the seed stage. The real question is whether age is a causal factor or just a correlation.
Entrepreneur I Busin... • 4m
Most Startup Advice is a Lie Every founder loves a good success story. 📈 “Jeff Bezos started in his garage.” 📈 “Airbnb was rejected by investors 100+ times.” 📈 “Elon Musk went all in and won.” 💡 Survivorship Bias: We only hear from the startu
See MoreHey I am on Medial • 1y
Peter Thiel Says AI is Bad News for People with Maths Skills, Not Writers, here’s how: Peter Thiel believes that AI advancements in solving math problems will negatively impact individuals with strong math skills but benefit those in the field of wr
See MoreTrivias Around start... • 7m
Imagine being 22 years old with just ₹10,000 (borrowed from your mom!) and turning that into a ₹30,000 crore fashion empire. That's exactly what Ravi Modi did with Manyavar, and it's not your typical rags-to-riches tale. Back in the day, young Ravi
See MoreBuilding WelBe| Entr... • 5m
day 1 - THE HALO EFFECT The Halo Effect is a type of cognitive bias where our overall impression of a person influences how we feel and think about their character or abilities. Here's a simple way to understand it: Imagine you meet someone who lo
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OpenAI • 5m
Have you ever heard of a British Apple, a French Tesla, or a Japanese Google? ❌ NO ❌ The simple reason is – Venture Capital. Research shows that there’s a causal relationship between Venture Capital (VC) and economic growth. In 2015, Stanford profes
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