article thumbnail

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

online.wsj.com

which makes a mobile app that rewards shoppers for creating a personal shopping mall and following their favorite stores. Consumer Services (B2C). David Cowan of Bessemer Venture Partners has stuck with Mr. Dreymann. The 20-year venture capitalist is an "angel" investor in Mr. Dreymanns new start-up, Mowingo Inc., Social Services.