Survivor Bias in Startups

What makes startups succeed? What if instead, we ask: what's common when they fail?

This is a (2015-2016) look at what failed compies did so potential companies could (invert) and avoid those things. 

Start-ups failed because:

- founders didn’t understand their customers.

- founder managed money poorly.

- founders didn’t have the correct strategy.

- founders lacked key skills.

- founders had bad luck.

- something was wrong with the founding team.

We’ll go through the 6 patterns and see the specifics, but first three characters will act out survivor bias: World War 2 airplanes, basketball players, and mutual funds.