More survivor bias / stories of failure
October 8, 2010 § Leave a comment
I’ve written about survivor bias before – basically that basing your strategy on only stories of success is not likely to yield success for you. Without some perspective on failed businesses and why they failed, you are likely to make some of those same mistakes as well. Those who cannot remember the past are condemned to repeat it.
Anyway, here’s some additional perspective on 25 failed startups that is cetainly worth a few minutes of your time: