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A Founder’s Guide to Understanding Investors

13 points| runesoerensen | 7 years ago |blog.ycombinator.com | reply

6 comments

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[+] mike_ivanov|7 years ago|reply
Are the axes in the second chart swapped? It looks like it should say "Return" on the horizontal one and "Frequency" on the vertical.
[+] anujabro|7 years ago|reply
Mike, thanks for the observation!

The chart is correct, but theoretically you could flip the axes and the shape of the chart would still be true.

Power Law Distributions in early stage investing a low frequency of high expected returns, and high frequency of low expected returns.

[+] yosho|7 years ago|reply
Getting a 404, anyone else?