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Venture Capitalists Get Paid Well to Lose Money

Harvard Business Review

2013 had all the signs of being a comeback year for venture capital. The industry realized its highest returns since the Internet boom. Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000. Finance Venture capital'

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Could a Four-Year-Old Do What Carl Icahn Does?

Harvard Business Review

billion in 2013, making him the fifth highest-paid fund manager in the land. And now, just after passing the average life expectancy for an American male , he seems to be in the midst of the best run of his career. Apple Finance Skill vs. luck' But Icahn’s campaign to get eBay to spin off PayPal succeeded last month.

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