Growth & Value · 0:27
Fundraising Stories Have Survivorship Bias
Sean highlights survivorship bias in fundraising coverage: successful raises receive attention while unsuccessful attempts are less visible. This is a qualitative observation, not a measured failure rate.
IN THE CLIP
Transcript
the first thing you see from a lot of folks, founders with ideas is they say, we're just going to go raise capital. Now, that is a, um, difficult task to do. It's easy to say, and it's survivorship bias in media and publications because they're only reporting on the ones that do. They don't report on the thousands, tens of thousands or millions of companies that have tried and failed.
More on Growth & Value