Venture Capitalists Get Paid Well to Lose Money
Harvard Business Review
AUGUST 5, 2014
2013 had all the signs of being a comeback year for venture capital. Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000. Last year I spoke at a conference to an audience of VCs. Finance Venture capital'
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