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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. I’m writing this post to make sure you’re all on that same playing field. People throw them around at cocktail parties.

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Please go see “Waiting for Superman.” Here’s Why:

Both Sides of the Table

It has long been believed that people from lower-income neighborhoods can’t learn as well as middle & upper class ones due to environment issues such as problems at home and trouble in the neighborhood. It is a country that by foundation believes in capitalism as the best model of producing an equal society.

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The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary. The professor plotted data and showed us statistically that most people buy stocks when they are booming (e.g. The best MBA class I took was an investment strategy class. VC’s are not immune to this phenomenon.

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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. In your startup, you control your destiny.

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