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Right Entrepreneurs In The Right Place Get Funded

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Obviously, a key factor is always the state of the economy and the mood of the venture capital community. The significant findings include the following: Founders need to live in the right place. 87% of funded founders are white, which is not too far above the US population of 77% white. More founders generally means more money.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

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For more page-turning corporate drama, including the feud between Intermix co-founders and UCLA college buddies Brett Brewer and Brad Greenspan, Nasdaq delisting, proxy contest and lawsuits by Greenspan after he was fired as CEO, see Stealing MySpace by WSJ reporter Julia Angwin. MySpace became its own company, MySpace, Inc.,