The biggest reason startups get turned down by venture capital is they’ve got “crappy teams,” said Peter Thompson, a private equity partner at OrbiMed - one of the largest healthcare investment firms in the country.
Thompson spoke with some candor at a recent Q&A sponsored by J-Labs San Diego. Here’s what he said, edited for clarity:
Image: OrbiMed private equity partner Peter Thompson - http://www.medcitynews.com
