Kathleen Gallagher writes a positive article on Trevor D’Souza and Dan Broderick, Managing Directors of Mason Wells’ first venture capital fund, Biomedical Fund 1. MW has invested in two Madison firms: NameProtect and Opgen among other midwest startups.
VC’s certainly play a useful role in the business growth process. That role is not always decisive. Interestingly, many of them do NOT fund startups. They’d rather let someone else (angel investors) take that risk. Anyone interested in this area should read another perspective: internet entrepreneur Paul Graham’s essay: The Unified Theory of VC Suckage.