Re:How Do Venture Capitalists Make Decisions?
by abuteau on Friday July 14, 2017 @09:42PM
(#14774570)
Agreed, I look at about 10 business paper a week and quality of statistical analysis is frequently missing.
What I liked about this one is that they are pretty transparent on the methodology so you can see the surveyed VCs biases. They also cross check the sources with other data..
The level to which I trust the findings in business research is basically this order:
1) Educational Research
2) Engineering Research
3) A guy on the corner saying 'trust me'
4) Business Research
The issue is simply down to the level of trust they seem to place in their data. The data is treated as invariant and highly positivist, and their trust in experts self-reports (because they are self-reports) is staggering. You should be really cautious at an epistemic level of taking anything business researchers tell you about how people make decisions.