Sep 03, 2014 (ACCESSWIRE via COMTEX) -- WHITEFISH, MT / September 3, 2014 / Venture capitalists are experts at playing the odds. Without their early financial support, companies like Twitter Inc. TWTR, +2.94% and Facebook Inc. FB, +1.36% might have never taken off. These investments paid off handsomely for early investors.
While the success stories make headlines, the National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. The majority of the surviving businesses simply return the money and only a small fraction end up producing substantial returns. According to Shikhar Ghosh of Harvard Business School, three-quarters of venture capitalists fail to return investor capital.
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