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

online.wsj.com

Small Business. Computer Software. Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says. SERVICE BUSINESSES. INTERNET BUSINESSES.

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Play4Skill Raises $400K for Dominoes Gambling

VC Cafe

Israel has long been power house of online gambling software, with companies like 888 and Playtech dominating the casino, poker, slots and even online scratch cards. Play4Skill’s business model is ad-supported as well as paid games. Tournaments lure new users with cash prizes reaching $3000.

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