Survivorship Bias Distorts Venture Capital
We only see the winners, while countless failures remain hidden
Survivorship bias is our tendency to focus on the successes and overlook the failures. In VC, this means only seeing the high-flying companies that make it big, while the countless startups that fizzle out remain invisible.
The Problem
Misguided Investments: VCs, chasing the next big thing, may chase trendy sectors or back founders based on similarities …
