Venture Capital’s Secret – 3 out of 4 Start-Ups Fail

(Community Matters) HBR senior lecturer finds three out of four vc-backed start-ups fail, challenging the vc narrative that only 3 or 4 fail, another 3 or 4 return the original capital and 1 or 2 produce the substantial returns. WSJ. Posted from my blackberry (which would be replaced by new iPhone 5 if in town tomorrow)