The Venture Capital Secret: 3 Out of 4 Start-Ups Fail
online.wsj.com
SEPTEMBER 23, 2012
An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. Failure often is harder on entrepreneurs who lose money that theyve borrowed on credit cards or from friends and relatives than it is on those who raised venture capital. Consider Daniel Dreymann, a founder of Goodmail Systems Inc.,
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