Given the small number of companies that 'return the fund' is the YC dataset even statistically meaningful for 2 events out of all the companies accepted?
Would the outcome possibly be better by using an approach similar to index funds. By focusing on repeatability would it be possible that one might be able to put together a fund where 30 to 40% of the return is made up by 'average' companies and then take the outliers as bonuses rather than focusing on an event that's unpredictable given the amount of statistical data available?
Would the outcome possibly be better by using an approach similar to index funds. By focusing on repeatability would it be possible that one might be able to put together a fund where 30 to 40% of the return is made up by 'average' companies and then take the outliers as bonuses rather than focusing on an event that's unpredictable given the amount of statistical data available?
Or is YC as close to an index fund as it gets?