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

online.wsj.com

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. Harvard professor Noam Wasserman and WSJ small-business editor Vanessa OConnell took reader questions about avoiding start-up pitfalls on Sept. Harley Goes Lean to Build Hogs.

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The Lean LaunchPad Online

Steve Blank

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models.

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