Venture capitalists reload for new round of investing

Since 2000, venture capitalist Frank Mendicino has invested nearly $34 million in 21 companies, including technology firms Tendril Networks of Boulder and TensorComm Inc. of Westminster.

Of all those companies, 14 are still in operation, three have been sold and four have been shuttered.

Mendicino, co-founder of Westminster-based Access Venture Partners, is now starting the process all over again. That’s typical for small- to mid-sized venture-capital firms, which temporarily shift between raising money and investing it – a cycle that repeats itself every five years or so.

By Will Shanley
Denver Post Staff Writer

Full Story: http://www.denverpost.com/business/ci_4144188