People have made various arguments for why this is arbitrary and may not apply.
A reason why it may: VC advise start-ups on what their run-rates, burn-rates, and staffing levels should be. VC operate on standard formulae.
One result is that you'll see a fairly strong pattern.
Or at least that's my hypothesis.
Phenomena and relationships such as this are why there may be relationships between data patterns, though causality may not be on the basis that's first apparent. And why there may be strong autocorrelation between variables.
Comments
People have made various arguments for why this is arbitrary and may not apply.
A reason why it may: VC advise start-ups on what their run-rates, burn-rates, and staffing levels should be. VC operate on standard formulae.
One result is that you'll see a fairly strong pattern.
Or at least that's my hypothesis.
Phenomena and relationships such as this are why there may be relationships between data patterns, though causality may not be on the basis that's first apparent. And why there may be strong autocorrelation between variables.