For every VC-funded company that goes out of business, is there really an outsize success like Facebook or Google? Who are these investors with this track record?
Harvard cites research suggesting that up to 75% of startups fail. If failure is that common, how many Facebook- or Google-sized home runs are there really? The statement does not mean that half of VC-funded ventures become Facebooks or Googles. There can be many ventures between failure and outsize success. READ MORE
