Partners in venture funds review over 100 different opportunities to pick one winner and build, over a five-year investment period, a portfolio of 15-20 start-ups. They screen against multiple criteria, yet the industry as a whole has a pretty weak track record. Statistically, according to Correlation Ventures, over 60 percent of all companies that VCs invest in return less than the invested capital. We asked: Can this model be improved? Read more>>