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

online.wsj.com

The company raised $45 million in venture capital from firms including DCM, Emergence Capital Partners and Bessemer Venture Partners, and built partnerships with AOL Inc., In early 2011 an acquisition by a Fortune 500 company fell apart. David Cowan of Bessemer Venture Partners has stuck with Mr. Dreymann. Comcast Corp.,