There seems to be some disagreement over why Axxon Capital is grinding to a halt. Sheryl Marshall, told the Boston Business Journal that her Beantown-based venture capital firm that focused on feeding female-led tech start-ups flopped when it found few investment opportunities among her target audience. Some women disagree, however, and say the 6-year-old firm, which initially raised a $56 million VC fund with the help of now-defunct matching capital financing program of the Small Business Administration, is merely a victim of its own poor business plan. The truth may be somewhere in the middle. A lot of women are starting businesses in the area, Donna Good, CEO of the Boston-based Center for Women and Enterprise, told the Journal. On the other hand, Massachusetts ranked 35^th among all states and the District of Columbia in number of woman-owned businesses. A glimpse of Axxon's performance prowess can be seen from its investment from the Ohio Bureau of Workers' Compensation plan, which ranked Axxon last among the 64 private equity and VC firms that invested money for the bureau. BWC, says the Journal, gave Axxon's portfolio a big fat zero, meaning it had no market value.