Hacker News new | ask | show | jobs
by jpdoctor 5247 days ago
> First they say that 56% of companies started in 2004 were still in business in 2010. Then they reference the VC rule of thumb that 4 of 5 companies will flounder and dismiss VC companies as being "riskier".

The fact that having VCs lowers your chance of success seems lost on them.

It is perhaps due to a conflict of interest: Harvard is invested in several VC funds.