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Venture Capitalists Are Looking for Failures

Women on Business

According to an article in the April issue of Harvard Business Review , “Failing By Design,” many venture capitalists won’t invest in a new enterprise if the founder has never undergone failure. But I know the key now is to manage for failures. In other words, they are looking for… failures!

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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

In the Bay Area, however, small venture capitalists, many of whom were ex-engineers themselves, invested in entrepreneurs. I visited a facility in Detroit managed by two of the hubs, one for composite materials and another for lightweight metals , designed to support the auto industry.