Houston’s Next Step: The Role of Funds of Funds in Venture Capital

Recently, Houston Exponential announced plans to create a venture capital Fund of Funds (VC FOF) to support the local entrepreneurship ecosystem. This strategy has been used by other cities, such as Detroit and Cincinnati, to spur local startup growth. Private firms also offer VC Fund of Funds. What does this type of fund look like, and how has it played out in other locations? The Basics FOFs are funds that invest in multiple smaller funds. The increased diversification that they offer invest...
More

A Tale of Untapped Potential: Cincinnati

Cincinnati is positioning itself as an entrepreneurial ecosystem.
When you think of an emerging entrepreneurial ecosystem, you probably think of Austin, Texas or Boulder, Colorado, not a moderately sized city deep in the heart of the Midwest. But Cincinnati's entrepreneurship ecosystem is positioning itself as a good place to start a high-growth, high-technology startup firm. The Fortunate 500 companies that call Cincinnati home, such as Kroger, P&G and Macy's, have been investing in their local ecosystem through a nonprofit organization. The result...
More