VCs fail because they are not this guy
Nicholas Carlson · 02/21/08 07:00PMMojo Supreme President Ashkan Karbasfrooshan took pity on the rest of us yesterday and explained "Why Most VC-Backed, Ad-Supported Companies Are Doomed to Fail." "Because they are not Ashkan," is the 5-word version, but here's another 100, if you want more glorious detail. (Note to readers: Most startups fail because most startups fail. Nine out of ten VC-backed companies end ingloriously, industry lore has it; Sand Hill Road makes its money on the big hits.)