Hacker News Reader

An economist walks down the street and sees a $20 on the ground. “That can’t be real, if it were, someone would have picked it up.”

A passerby stoops down and picks it up.

View on HN

I appreciate the metaphor but it still highlights the same crux of the problem. That first passerby got the $20. The next guy that follows in his footsteps gets nothing.

But is that a problem for the first passerby? Do you not read the book because the strategies won't work in perpetuity?

> High Growth Handbook is the playbook for turning a startup into a unicorn...

No, I don't read the book because I don't like books that claim to be selling some secret sauce to success because they are often rife with survivorship bias.

Sounds like there’s a few objections: the book is so effective its techniques will be adopted by everyone, and the book is based on flawed survivorship bias so the techniques are unlikely to work.

Reply on news.ycombinator.com