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Um, the data set pg cites actually shows this to be fallacious.

They excluded Uber from the results. Which, if included, makes the male-run companies look "oversuccessful". What would happen if I excluded the top female-run business, I'd bet that makes the differences between the two groups much smaller.

Given both the small sample size as well as the outsized influence of outliers, drawing conclusions from this population group is going to be fraught with issues.



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