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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso -- Survivorship Bias
Description: Survivorship Bias Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Survivorship bias is defined by Wikipedia as concentrating on the people or things that "survived" some process and inadvertently overlooking those that didn't because of their lack of visibility. Incubators often measure their results based on startups that get funded rather than all the ones who go through the program. Taking out the startups that failed early can skew the results by only counting the ones that are up and running. To overcome survivorship bias, consider the following...