Misleading Data on Venture Capital; Worried About Obamacare; More Foodie Startups: April 5

Illustration by André da Loba

Early-stage investor Mike Maples tells Sarah Lacy why he ignores most data on the venture capital industry: A small percentage of total deals account for most of the industry’s returns, making statistics misleading. [PandoDaily]

The U.S. Chamber of Commerce’s most recent quarterly survey found that the Affordable Care Act is small business owners’ biggest concern, outpacing long-held worries about the state of the economy. [The Hill]

Mohana Ravindranath reports on a Washington (D.C.)-based brew pub that tried—and failed—to raise startup cash on crowdfunding site Indiegogo. [Washington Post]

Investors can’t get enough of tech startups that help people find new restaurants or order food online, writes Lora Kolodny. [Wall Street Journal]

Joyride Coffee helps New York City’s artisanal coffee roasters sell to local tech and creative companies. [Bloomberg Radio]

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