>The rule of thumb among venture capitalists is that some 20 percent to 30 percent of companies fail, returning nothing to any investor, including the venture capitalists.
Earlier in the article, it mentions the statistic that I'm familiar with, which is that roughly 75% of venture-backed companies fail.
Earlier in the article, it mentions the statistic that I'm familiar with, which is that roughly 75% of venture-backed companies fail.
What gives?