A non-Bitcoin post today

Noam Wasserman says that of failed (or living dead) tech companies, something called "Human Factors" was responsible 65% of the time

I recently analyzed the data from over 50 founders of tech-companies. Similar result: 67.3% of failure is human centric

Our fund now only invests in companies where the founders receive coaching. As well as being better for founder mental health, it's good for commercial returns.

Our analysis says that top coaching leads to:

* 59.8% reduction in failures/living dead companies

* 201% increase in number of high value exits

* 496% increase in GP and LP returns

Sample size: 28 companies