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A comment on Y Combinator cuts its pro rata stake and makes later investments case-by-case. Parent comment

Re:Y Combinator cuts its pro rata stake and makes later inve... by bsder on Thursday April 16, 2020 @06:18PM (#22894139)
"There are three kinds of lies: lies, damned lies, and statistics."

Generalizations based upon experience are perfectly valid when the market is not flat.

I suspect that there is lots of capital washing between insiders and very little outside the bubble.

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Re:Y Combinator cuts its pro rata stake and makes later inve... by bryanrasmussen on Thursday April 16, 2020 @06:23PM (#22894185)
there's also opinion, expert opinion, and statistics.

the problem with statistics is you have to look how it's being used to figure out if you've got something lower than a damned lie or higher than an expert opinion. Which requires work and expertise of its own.

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