They crow to announce the dawn – but they do not create it. Even top-tier VC funds like Andreessen Horowitz had to learn this lesson the hard way. Here’s the real reason one of the best VC ...

A memo circulated to investors seems to imply that hiring Daniel Penny will be good for the VC's public safety business.

Mr. Penny, who was acquitted after choking a mentally ill subway passenger who died, was hired to join the firm’s American ...