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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso -- Belief Bias
Description: Belief Bias Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The belief bias is a bias defined by Wikipedia as an effect where someone's evaluation of the logical strength of an argument is biased by the believability of the conclusion Similar to the confirmation bias, investors bring their experience to the startup pitch and make judgments on the proposed pitch while underway. Investors will believe more strongly in a startup pitch if they agree with the proposed fundraising plan and exit strategy. Startups that propose outsized forecasts and...