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Economics: Is Venture Capitalism Broken?
From the article, "Mulcahy says the investors with the big money -- pension funds, foundations like hers -- hand over billions to venture capital firms that are supposed to be picking the next Googles, Facebooks and Apples -- the innovators that will offer us new choices and improve our lives. But lately the investments just aren't paying off... and investors are pulling out."
Note: Via +Jeff Horwich on Marketplace. Dear Jeff, Why aren't you using Google+?
A new report echoes what's been whispered around the industry for years: the model of funding startups through venture capital firms is not working any more.
Rogue Black's profile photoRicardo Nuno Silva's profile photo
If you can, go directly to the angels themselves and bypass VCs. That's been the rule since the dotcom boom fizzled.
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