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A comment on Don’t Build a Billion-Dollar Business. Parent comment

Re:Don’t Build a Billion-Dollar Business by frgewut on Friday September 04, 2015 @09:55AM (#10170404)
Sounds like survivor-ship bias. We also have to account for all broke/dead/etc "Marks Zuckerbergs".
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Re:Don’t Build a Billion-Dollar Business by vinceguidry on Friday September 04, 2015 @10:02AM (#10170455)
Survivorship-bias assumes that the dead stay dead. But the ability to attract more capital is not necessarily affected by failure. Survivorship bias does not apply here. We can account for the broke / dead in the normal way.
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Re:Don’t Build a Billion-Dollar Business by gnaritas on Friday September 04, 2015 @11:14AM (#10170976)
> Survivorship bias does not apply here.

Survivorship bias always applies and it is the normal way.

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