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Monday, February 3, 2003 |
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Venture-backed Companies Often Fail as Public Firms Recent performance data suggest that companies backed by venture capital underperform others. That could throw a wrench in the long-held strategy by some investors in initial public offerings to invest in new companies based on the reputation of the venture capitalists who originally backed them. [Wall Street Journal (sub req) via Corante]
Maybe it doesn't mean anything, or maybe it's a reason to try to initially grow a company by means of -- are you sitting down? -- selling things. |
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