Birdwatch Archive

Birdwatch Note Rating

2023-10-12 14:14:17 UTC - NOT_HELPFUL

Rated by Participant: 0892D0AED0E7BB47C183D4FB6B7550445042B67510FA8AD325600FF6F5F09F94
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Original Note:

This post uses a logical fallacy: "1.25% success rate" cherry-picks $1B exits/successes. Many YC funded companies which don't fall in that 1.25% are by all definitions of the word "successful" (i.e. creating value, profitable) meaning failure rate of joining YC is not 98.75%

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