article thumbnail

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

online.wsj.com

Small Business. SMALL BUSINESS. more in Small Business. Venture capitalists make high-risk investments and expect some of them to fail, and entrepreneurs who raise venture capital often draw salaries, he says. Small Business » Subscriber Content Read Preview. » More.

article thumbnail

How to Fund a Startup

www.paulgraham.com

company has to be more than small and newly founded to be astartup. There are millions of small businesses in America, butonly a few thousand are startups. To be a startup, a company hasto be a product business, not a service business. But isnt the consulting company itself startup? No, not generally.A