Remove Business Model Remove Connecticut Remove District of Columbia Remove Employee
article thumbnail

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

online.wsj.com

At its peak, in 2010, Goodmail had roughly 40 employees. 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. Connecticut. Connecticut.