Ex-Sequoia partners raise $250 mln for Silicon Valley-style startups in Midwest

Comments (1)
IVCAillinois wrote:

Congratulations to Drive Capital! I am thrilled that they Drive will focus on the Midwest – we have many great companies ready to grow.

As Executive Director of the IVCA, I must correct the statement that there are only a handful of firms in the Midwest. Since January, 2013 over 181 companies were funded by 124 separate Midwest investors. IVCA members include ARCH & Pritzker Group AND 23 other VCs including the most active in the Midwest.

Drive Capital and other VCs are welcome to focus on the Midwest. There are lots of great companies – and syndicate partners – here!

Feb 05, 2014 5:07pm EST  --  Report as abuse
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