JD Vance, the bestselling author of "Hillbilly Elegy," has launched a new venture-capital fund as part of his continued efforts to restore prosperity to America's heartland.
The fund, Narya Capital, is targeting $125 million and has already raised $93 million from Silicon Valley royaltly like Marc Andreessen, former Google exec Eric Schmidt, and Peter Thiel. The firmwill provide Series A investments in the $5 million to $10 million range to science and tech startups in cities outside of the coastal tech hubs, like Salt Lake City or Atlanta, that are often-overlooked by the vast poool of venture funding.
Vance was previously working with ex-AOL exec Steve Case on a similarly focused investment vehicle, the Rise of the Rest Seed Fund.JD Vance, the bestselling author of "Hillbilly Elegy," has launched a new venture-capital fund with backing from billionaire Peter Thiel and other Silicon Valley investment elites as part of his continued efforts to restore prosperity to America's heartland.
Vance's new Cincinnati, Ohio-based fund Narya Capital is looking to raise as much as $125 million to cut checks to entrepreneurs focused in science and technology pursuits,
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These are the 15 European fintech startups VCs think will blow up in 2020 - Business InsiderWe asked 9 of the most prominent VC investors in European tech to pick out fintech startups they think will blow up in 2020. Here are the 15 they chose. I can’t read the article. I don’t have $1.90 to subscribe. The realDonaldTrump economy doesn’t benefit me.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Moovit: Startup powering Uber Transit — backed by BMW, Ashton Kutcher - Business InsiderOver 7 years, Moovit has built a massive database of public-transit maps and schedules that's often more accurate than what agencies can provide. Well done! isarel 🇮🇱 ❤️ i hope its not a bangbus.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Agency founder explains why he sold his business to Wix - Business InsiderA top Israel ad exec explains why he sold his agency to Wix — and why holding companies will die if they can't get closer to their customers
Source: BusinessInsider - 🏆 729. / 51 Read more »
Barneys workers describe theft, working conditions as 'free for all' - Business InsiderBusiness Insider spoke to four employees speaking on the basis of anonymity who said the environment at the 7th Avenue store has devolved. 😠 JoshMankiewicz When a record store was liquidating in the 90s, employees went in before the markdowns and hid piles of CDs and boxsets above the ceiling tiles. They retrieved their booty during the final days when all things were 95% off. It wasn't theft...technically. 'and the future of its remaining employees' what future they are bankrupt and liquidating the stores there is no future unless i missed something
Source: BusinessInsider - 🏆 729. / 51 Read more »