Tag Archives: probability

Stats on Startups Registered on CrunchBase

Many thanks to Sameer Al-Sakran for compiling the numbers. Category Started Funded %F ∑Raised TC Posts Advertising 3972 631 16 $8B 996 Biotech 2787 1770 64 $42B 43 Cleantech 1302 719 55 $33B 192 Consulting 3330 176 5 $2B 444 … Continue reading

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http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1 Somebody can kill you, at any time. (Source: http://c.brightcove.com/)

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I Need A Speech Bubble To Appear Over My Head When I Talk So I Can Diagram the Bayesian Uncertainty In My Statements

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My formula for success is rise early, work late, and strike oil. J P Getty, How to Be Rich

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Mostly in finance we assume that we have the equivalent of a standard dice. That is, while we assume we don’t know what number will come up next, we think that we know the distribution of numbers perfectly. In fact … Continue reading

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If you put your hand up in the night, away from L.A., and look at a dark spot of the sky the size of a dime—with a large enough telescope, you could see 100,000 galaxies there. Stars explode once every … Continue reading

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How Not To Draw a Probability Distribution

If I google for “probability distribution” I find the following extremely bad picture: It’s bad because it conflates ideas and oversimplifies how variable probability distributions can generally be. Most distributions are not unimodal. Most distributions are not symmetric. Most distributions … Continue reading

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