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

online.wsj.com

If failure is defined as failing to see the projected return on investment—say, a specific revenue growth rate or date to break even on cash flow—then more than 95% of start-ups fail, based on Mr. Ghoshs research. In early 2011 an acquisition by a Fortune 500 company fell apart. North Carolina. North Dakota.

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Blitzscaling Beyond Startups

Reid Hoffman

Today, Groupon is worth about 1/10th what it was on the day of its IPO, and revenues have been flat for years. This gives Google a major advantage in delivering relevant results and in maximizing advertising revenue. One final advantage that established players have is the ability to use acquisitions to drive blitzscaling.

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