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

online.wsj.com

In early 2011 an acquisition by a Fortune 500 company fell apart. Languishing businesses were counted as survivors. At its peak, in 2010, Goodmail had roughly 40 employees. But the company began to struggle after its relationship with Yahoo Inc. fell apart early that year, Mr. Dreymann says. A Yahoo spokeswoman declined to comment.