This list is a pure fallacy of statistical understanding. Skewed data and cherry-picking while also being strengthened by our subjective biases. I would appreciate the list way more if it also included founders who applied but were rejected, or for any other reason were not invested in.
For stuff like this I recommend the book, May Contain Lies by Alex Edmans, he does a fantastic job explaining how most of the time we seek data to confirm our hypotheses, instead of seeking a hypotheses that confirms our data.
For stuff like this I recommend the book, May Contain Lies by Alex Edmans, he does a fantastic job explaining how most of the time we seek data to confirm our hypotheses, instead of seeking a hypotheses that confirms our data.