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

online.wsj.com

Loading… Tech. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. His findings are based on data from more than 2,000 companies that received venture funding, generally at least $1 million, from 2004 through 2010. At its peak, in 2010, Goodmail had roughly 40 employees.