Tuesday, January 17, 2012

New Venture Capitalist In Brooklyn

According to Crain's, Charlie O'Donnell, a veteran in the city's burgeoning tech community, Tuesday announced the launch of Brooklyn Bridge Ventures, which will provide seed money of $300,000 to $500,000 to tech startups in the New York City area.

Mr. O'Donnell is starting Brooklyn Bridge Ventures after working at First Round Capital and Union Square Ventures, two of the city's standout venture capital firms.

Go to McBrooklyn's HOME PAGE.


Anonymous said...

Ahh…Vulcher Capital you mean.

bj said...

Private equity firms (like Mitt Romney's) or "Vulcher Capitalists" generally is invest "in under-performing mature companies with the goal of selling them for a profit, which may involve laying off workers," venture capitalists say. By contrast, venture capital is invested in starting new companies, growing them and creating jobs. More: