Remove 2000 Remove Business Model Remove Connecticut Remove Engineer
article thumbnail

29 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

I have been working with my Partners since November 2000. It was becoming a business model destined to fail. Our response has been very favorable and we’ve expanded into Ohio and Connecticut in addition to launching a related site for comparison shopping for residential natural gas. Photo Credit: Steven Randall.

article thumbnail

The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

The results were similar when he examined data for companies funded from 2000 to 2010, he says. Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says.