HBR's 10 Must Reads on Entrepreneurship and Startups (featuring Bonus Article “Why the Lean Startup Changes Everything” by Steve Blank)
by Harvard Business Review, Steve Blank, Marc Andreessen, Reid Hoffman, William A. Sahlman
Six Myths About Venture Capitalists
by Diane Mulcahy
STEVE JOBS, MARK ZUCKERBERG, SERGEY BRIN: We celebrate these entrepreneurs for their successes, and often equally extol the venture capitalists who backed their start-ups and share in their glory. Well-known VC firms such as Kleiner Perkins and Sequoia have cultivated a branded mystique around their ability to find and finance the most successful young companies. Forbes identifies the top individual VCs on its Midas List, implicitly crediting them with a mythical magic touch for investing. The story of venture capital appears to be a compelling narrative of bold investments and excess returns.
The reality looks very different. Behind the anecdotes about Apple, Facebook, and Google are numbers ...