Marketplace®

Daily business news and economic stories
May 10, 2012

Marketplace Tech Report for Thursday, May 10, 2012

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.

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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.