Facebook is courting investors this week for its upcoming initial public offering. But a new report from the Kauffman Foundation declares venture capital is broken — specifically, the method by which large “limited partners” supply the money venture capital firms invest. And it seems lately investments just aren’t paying off, and investors are pulling out.
Facebook is courting investors this week for its upcoming initial public offering. But a new report from the Kauffman Foundation declares venture capital is broken — specifically, the method by which large “limited partners” supply the money venture capital firms invest. And it seems lately investments just aren’t paying off, and investors are pulling out.