Venture Capital: A Good Investment If You Can Get It
The problem is getting it.
A Clearer View
The performance of venture-capital funds, which invest in companies that are not yet publicly traded, is notoriously difficult to measure.
As with hedge funds, venture-capital funds do not register under the Investment Act of 1940, meaning that they file only limited information with federal agencies. If the sponsor of a venture-capital fund does not wish for its returns to be seen, chances are the fund's returns will not be seen.