if vcs don't risk (avoid failure[by all means]), they wouldn't be rewarded. anyway they sometimes say 90% of startups fail... moderate income may be better than complete failure

http://www.brighthub.com/office/entrepreneurs/articles/78553...

i heard people say that the Valley beats other places of the world in creating Suns, Googles and Facebooks because [one of the reasons] it risks more and considers failure as experience

(harm too, but not that deadly)