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steve case’s $150m rise of the rest seed fund launches with an impressive roster of investors

steve case’s $150m rise of the rest seed fund launches with an impressive roster of investors News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



steve case’s $150m rise of the rest seed fund launches with an impressive roster of investors

a long list of prominent american businesspeople have joined aol co-founder steve case’s new rise of the rest seed fund for startups in the midwest and other areas that are often overlooked by investors. case told the new york times that the fund has secured $150 million from backers including amazon founder jeff bezos and eric schmidt, the chairman of alphabet.as the new york times puts it, the complete list of investors in the rise of the rest fund “may be the greatest concentration of american wealth and power in one investment fund.” in addition to bezos and schmidt, it includes:starbucks chairman howard schultzfashion designer tory burchbridgewater associates founder ray dalioquicken loans founder dan gilbertkkr co-founder henry kraviscarlyle group co-founder david rubensteinfinancier and philanthropist michael milkenkleiner perkins caufield & byers chairman john doerrbreyer capital founder jim breyernapster co-founder and former facebook president sean parkerspanx founder sara blakelytampa bay lightning and the tampa bay storm owner jeff vinikbanker byron trottgoldman sachs leader director adebayo ogunlesiand members of the walton, koch and pritzker familiesthe fund, which shares a name with case’s speaking tour and startup pitch competition, plans to provide mentorship as well as financing to entrepreneurs located outside of silicon valley, new york city, boston and other major business hubs.case told the new york times that the rise of the rest fund isn’t a ...