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Before long he had venture capital financing and a PowerPoint presentation.
Though the firm has had venture investments since its start, it opened a dedicated venture capital fund only last year; it now has about $1 billion in assets.
Many media companies and other corporations had venture arms in the late 1990s, only to downsize or eliminate them when the going got tough.
Equally, some of the most successful projects in fundraising terms have come from fully fledged companies which have already had venture backing.
"Within a couple of hours we were being mentioned on thousands of sites and I had venture capitalists calling me left, right and centre.
Rusnano is looking for co-investors in a start-up created to commercialize Russian technological advances that are languishing at scientific institutes or university laboratories because the country has never had venture capital investors to bring them to market.
Similar(47)
One man had ventured the other way.
(She lives "in Oahu or Ohio," he had ventured).
He had ventured outside to stretch his legs.
Not even a deer had ventured up here for months.
The Web site's founders had ventured online reluctantly.
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CEO of Professional Science Editing for Scientists @ prosciediting.com