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This tidbit has been re-blogged all over the internet:

About three-quarters of venture-backed firms in the U.S. don't return investors' capital, according to recent research by Shikhar Ghosh, a senior lecturer at Harvard Business School.

However, I can't find the original source of this information. What is the original research publication this information is taken from? I'm interested in context and further understanding of Ghosh's main thesis.

In adddition to Google, I've tried searching:


update:

I got an email response from Deborah Gage, author of the WSJ piece:

Hi, John, you should contact Ghosh for that, and thanks for your note

I also emailed Ghosh, but have not received any response.

Unlike all the blogs out there, I would take this bit of "journalism" with a grain of salt.

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why not email him yourself and find out? His email is on his faculty page – jimg Jan 23 at 4:11
@jimg: Already did; I also emailed Deborah, the author of the WSJ piece. Just using all my resources^^ – Leftium Jan 23 at 4:31
Another reason not to get funding. – Joel Friedlaender Feb 8 at 11:00

closed as off topic by jimg, Yorick, Christian, littleadv, Jesper Mortensen Mar 12 at 10:47

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