The trouble is that you don’t want to also measure a bunch of other stuff. Luck, connections, skills specific to your company, etc. This stuff makes your error bars really big. In order to get your error bars down, you might be able to measure some of these extra factors separately. But ultimately, I don’t think running a startup will work as a standalone measure of rationality.
The trouble is that you don’t want to also measure a bunch of other stuff. Luck, connections, skills specific to your company, etc. This stuff makes your error bars really big. In order to get your error bars down, you might be able to measure some of these extra factors separately. But ultimately, I don’t think running a startup will work as a standalone measure of rationality.