Reported about 12 hours ago
Drive Capital, a Columbus-based venture firm, has recently achieved significant success by returning $500 million to investors in just one week, following internal challenges including a co-founder split that threatened its stability. The firm's strategy emphasizes investments in companies producing substantial liquidity events outside Silicon Valley’s ultra-competitive environment, focusing on traditional industries such as healthcare and data storage. While the firm has seen both significant successes and notable failures, it remains well positioned with a unique investment approach that has garnered attention and support from notable tech billionaires.
Source: YAHOO