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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. Harvard professor Noam Wasserman and WSJ small-business editor Vanessa OConnell took reader questions about avoiding start-up pitfalls on Sept. Consider Daniel Dreymann, a founder of Goodmail Systems Inc., More in Small Business.

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6/16: What's Mine Is Yours: The Rise of Collaborative Consumption

David Teten

Until recently, most Internet innovation has centered around improvements — big improvements, but incremental ones nonetheless — to existing business models and familiar social structures: Amazon is the ultimate retail destination, Zipcar the ubiquitous rental-car agency; Meetup is a sewing circle on steroids.

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