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It looks so easy from the outside. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s.  But now there is evidence that venture-backed start-ups fail at far higher numbers than the rate the industry usually cites.

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Daniel Dreymann’s antispam service Goodmail failed, despite getting $45 million in venture capital.

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.Click link below for article:

http://online.wsj.com/article/SB10000872396390443720204578004980476429190.html?mod=pls_whats_news_us_business_f

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