I mean, to be fair, this isn't really a statistical misrepresentation since he states exactly what he's doing. Still a weird flex.
I don’t mean to keep quoting pg’s sampling bias takes but I can’t help myself - clearly if you filter for under 60 & founder & rich then you will find that ‘age at founding’ is low - many older founders do not have time to get rich enough before they turn 60!https://twitter.com/paulg/status/1373663906170863624 …
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Yeah I’m not saying he’s not aware! Just a strange thing to highlight given that you set up the sample to give exactly this result
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Sounds like it should be appended to the Berkson paradox thread floating around (I defer to you properly educated souls to know if it counts)
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it also seems like it's very opportunistic timing given that there were (definitionally depending) at least one, and if you count mobile, two massive paradigm shifts which can be massive wealth multipliers, and that equity valuations are fairly robust rn
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