tag:blogger.com,1999:blog-2460005.post448279705003828301..comments2023-11-05T04:28:29.961-08:00Comments on Adventures in Capitalism: Jeremy Lin, Women in VC, and the Bigotry of Pattern MatchingChrishttp://www.blogger.com/profile/00927628412285314176noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-2460005.post-69768100736584788702012-03-08T12:15:23.111-08:002012-03-08T12:15:23.111-08:00"Yet one group wasn't surprised by Lin..."Yet one group wasn't surprised by Lin's success. A new breed of basketball statheads (the hoop equivalent of the SABRmetricians popularized in "Moneyball") had predicted Lin's success from the start."<br /><br />I think this statement greatly exaggerates the truth Chris. Yes, one statistical model predicted that Lin could turn out to be a solid NBA player, but in the entire universe of stat-heads only one, a FedEx delivery guy named Ed Weiland, actually went on the record saying Lin was one of the top point guards in the 2010 NBA Draft. The Wages of Wins Journal doesn't even meaningfully discuss Lin until after his breakout performances with the Knicks. Stat-heads simply did not predict that this guy would play this well, and are just as surprised as everyone else.Dave Hahnhttps://www.blogger.com/profile/08428339406985132963noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-25974581049181529022012-02-21T08:28:10.967-08:002012-02-21T08:28:10.967-08:00Great post Chris. I'd love to hear your though...Great post Chris. I'd love to hear your thoughts on what data angels / VCs should examine when considering an investment. Correlation Ventures recently raised a first round of funding and their decisions are based mostly on a large proprietary set of data they have collected about venture investments.Clint Korvernoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-6256637430640965712012-02-21T07:10:36.075-08:002012-02-21T07:10:36.075-08:00Chris - wonderful post. Thanks. NikhilChris - wonderful post. Thanks. Nikhilnixhttps://www.blogger.com/profile/15647242572770142656noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-44277785765903745072012-02-20T20:15:57.342-08:002012-02-20T20:15:57.342-08:00Terrific post and terrific blog, Chris. I'd lo...Terrific post and terrific blog, Chris. I'd love to subscribe my email or even RSS it but I can't see a way to do either. How can we best follow this blog? Please email to let me know and/or post a reply here. Thanks! Your new fan, Joy ChenJoy Chenhttp://english.globalrencai.comnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-86564716748479060482012-02-20T17:57:24.695-08:002012-02-20T17:57:24.695-08:00As a Asian Woman entrepreneur, I've been throu...As a Asian Woman entrepreneur, I've been through lots of stereotype. In Asia, woman's success are defined by playing as a good wife and lovely mother. Sometimes the success of woman will be viewed as the reason for the failure of family. It is really disappointing. Hope your article will break more walls and bring up more innovation to the world.whatthathttps://www.blogger.com/profile/12210195698524352054noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-17832427416488433232012-02-18T14:00:48.571-08:002012-02-18T14:00:48.571-08:00Christine,
Thanks for the pinboard! I hope you do...Christine,<br /><br />Thanks for the pinboard! I hope you don't mind that I shared it on Twitter as well!Chrishttps://www.blogger.com/profile/00927628412285314176noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-36962111924119429272012-02-17T20:00:51.850-08:002012-02-17T20:00:51.850-08:00Thought you might enjoy this Pinterest board...I d...Thought you might enjoy this Pinterest board...I do. The more women you invest with, the more you'll invest in. Pattern matching trains us to trust the familiar.<br /><br />http://pinterest.com/spacejockeys/fight-club/Christine Herronhttp://christine.netnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-17677027682292069952012-02-17T15:41:53.673-08:002012-02-17T15:41:53.673-08:00Yes, Tebow is just a whiter, dumber, and more obno...Yes, Tebow is just a whiter, dumber, and more obnoxious NFL version of Lin.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-73222454429583199702012-02-17T09:33:43.710-08:002012-02-17T09:33:43.710-08:00I like your quote: Stereotyping only makes sense i...I like your quote: Stereotyping only makes sense in the absence of better data.<br /><br />It acknowledges that yes, we almost all rely on stereotypes from time to time.<br /><br />It also points out there are definitely times to discard them.<br /><br />I think this is a very realistic assimilation of the type of thinking advocated in <i>Blink</i> and what we grow up learning (i.e. more thinking is better).John J. Waltershttp://www.curapersonalis.info/noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-39304322420300436622012-02-16T07:08:54.608-08:002012-02-16T07:08:54.608-08:00Kristine,
I just love saying the following phrase...Kristine,<br /><br />I just love saying the following phrase: "Academy Award Nominee Jonah Hill." I hope they use that in the "21 Jump Street" ads.<br /><br />Eric,<br /><br />Pattern matching and stereotyping are very important coping mechanisms...the point is that when there is enough data, they become counterproductive. I pattern match all the time; just a few days ago, I was talking with someone and uttered the words, "A bunch of MIT grads? Sounds like a winner to me!"<br /><br />But the key is that in that case I had no other data on the startup. Were I to talk with them, I'd focus on more tangible metrics and evaluations.Chrishttps://www.blogger.com/profile/00927628412285314176noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-60779038492614357402012-02-16T06:07:52.519-08:002012-02-16T06:07:52.519-08:00Chris -- I agree that pattern matching can often p...Chris -- I agree that pattern matching can often produce counter-productive results. Unfortunately, it's hard-wired into out brain. It's how we deal with the vast amounts of data we input every second. It's how we know that something we've never seen before is a chair, or a car or a person. Our brain is *always* going to stereotype data based upon historical data -- the challenge is recognizing that you're doing it and question whether it's valid.<br /><br />Hope you're doing well, amigo!Eric Marcoullierhttp://www.marcoullier.comnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-69948188831723648572012-02-15T23:11:44.469-08:002012-02-15T23:11:44.469-08:00This sounds like it should be an Academy award win...This sounds like it should be an Academy award winning movie starring Brad Pitt and Jonah Hill.Kristinehttp://www.urbanhikers.comnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-80803428889236732892012-02-15T21:59:59.841-08:002012-02-15T21:59:59.841-08:00Aaron:
Thanks! I've noticed a lot of reactio...Aaron:<br /><br />Thanks! I've noticed a lot of reaction on Twitter from people with diverse cultural backgrounds.<br /><br />Anonymous:<br /><br />Arrington characterized the interview as an "ambush". Whether it was or not is left to the judgment of the reader, and you're certainly welcome to point out facts that you think germane.Chrishttps://www.blogger.com/profile/00927628412285314176noreply@blogger.comtag:blogger.com,1999:blog-2460005.post-33903736994517561092012-02-15T21:22:08.505-08:002012-02-15T21:22:08.505-08:00"ambush tactics"? asking arrington a sim..."ambush tactics"? asking arrington a simple question during an scheduled on camera interview that his pr people set up isnt exactly an ambush.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2460005.post-90760332742849183112012-02-15T20:28:05.141-08:002012-02-15T20:28:05.141-08:00Amazing post Chris. As the dad of a multicultural ...Amazing post Chris. As the dad of a multicultural family (we are Korean-Ethiopian-Americans :>), I look forward to a day when data and results define our opportunities. It's coming.Aaron Kleinhttp://aaronklein.comnoreply@blogger.com