I'd argue this is more about survivorship bias than fundamental attribution error.
The tech world buzzes for days and weeks about Instagram being acquired by $1 billion, about securing higher and higher amounts of funding. Often, its deceptively rare that you hear about great people with great ideas that just don't make it off the runway.
So when your venture fails, you're tempted to think its a fluke that can be overcome with a large enough sample size.
The tech world buzzes for days and weeks about Instagram being acquired by $1 billion, about securing higher and higher amounts of funding. Often, its deceptively rare that you hear about great people with great ideas that just don't make it off the runway.
So when your venture fails, you're tempted to think its a fluke that can be overcome with a large enough sample size.