By Evan Vitale
Here are some of the stories making headlines in the world of venture capital this week.
The Milwaukee Journal Sentinel published a nice personal piece in which venture capitalist Ross Leinweber, of Cedar Road Capital, offered his “Venture Capital Wish List.” You can find the full story here: http://bit.ly/2hPjc0y
In St. Louis, venture capital firms have launched funds totaling $682 million in 2016, according the St. Louis Business Journal.
Several high-profile investment funds that launched in the fourth quarter of this year propelled St. Louis to one its best, if not the best, year on record for raising venture capital.
Nearly half a billion dollars was invested in approximately 10 funds this year. Details: http://bit.ly/2huXnXE
Entrepreneur has a piece on venture capital entitled “Everything You Always Wanted to Know About Venture Capital (But Were Afraid To Ask).”
The article is appropriately sub-titled “VC sounds appealing, but is it for you? Here’s what you need to know to navigate a ‘typical’ series of fundraising rounds. The full story is here: http://bit.ly/2hswKzZ
Modern Healthcare is reporting that Inova recruits managers for $100 million venture-capital program.
Inova Health System will provide $100 million in venture capital over the next three to five years to support precision-medicine companies and create an incubator for startups. The goal is develop ideas to improve the broader health system and make money off the innovations.
The Falls Church, Va.-based system has brought aboard veteran venture capitalists Hooks Johnston and Pete Jobse to manage the investments, Inova announced. Details: http://bit.ly/2huYG9h