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

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The results were similar when he examined data for companies funded from 2000 to 2010, he says. Opinion: Noonan: The Romney Campaign Needs a New CEO. Connecticut. Connecticut. Opinion: Noonan: The Romney Campaign Needs a New CEO. He also combed the portfolios of VC firms and talked to people at start-ups, he says.