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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. I’m writing this post to make sure you’re all on that same playing field. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. I say it deadpanned.

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

Just as I was getting the swing of things the world shifted beneath my feet and the stock market went into a free fall and venture capital all but shut down for nearly a year. We not only have our Series A funds that can write $500k?—?$15 15 million first checks but we also have three growth funds. Over the past 2.5 Over the past 2.5

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Why You Shouldn’t Be Fooled by Your Own Expertise

Both Sides of the Table

I was influenced heavily before my career even began because in my undergraduate work I took a ton of statistics classes that showed how easily we human brains fall prey to easy biases and slights of data and try to draw conclusions that don’t exist. I read it just after I entered the Venture Capital industry more than a decade ago.

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From Startup Newsletter To Best Selling Book: How This Entrepreneur Pulled It Off

InfoChachkie

Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. Dear Friends, We have no income and no venture capital funding. Saying, ''Hey, we want to pay you to write a book.’

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From Startup Newsletter To Best Selling Book: How This Entrepreneur Pulled It Off

InfoChachkie

Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. Dear Friends, We have no income and no venture capital funding. Saying, ''Hey, we want to pay you to write a book.’

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

We’re a national venture capital investment firm but with our roots firmly in Los Angeles. Chip Kelly believes in the statistics of players: ages, sizes, speeds – and everybody is clear what the “Chip Kelly system” was. A great leader knows customers and has direct relationships with them.

Startup 150
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Entrepreneurship Is A Compulsion, Not A Choice

InfoChachkie

One of the most repeated statistics trumpeted by the popular press is that “Four out of five businesses fail”. When sole proprietorships are removed from the statistics, the success rate of startups improves even further. Keep your write-ups to a single page. Customer Problems/ Pain Points. Who is the customer?

Startup 243