Imagine that a ship sank with only 5 surviving out of the 100 that were onboard. 

When asked what happened and how the ship sank and how the 5 of them managed to survive, we will have just these 5 stories to hear. The stories of the 95 dead will never reach us. 

That is called survivorship bias.

Every startup funding round that we hear of in the news are the stories of people who survived.. Everyone else’s stories – those whose startups couldn’t survive, or startups that are not doing well right now will never reach you.

It will always drug you into believing that only good things happen in startups.

The story you’re hearing is the part of the story who lived to share the story. It’s just a part.