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$2 million fund to be set up for Web startups
March 24, 2008 /
Five months after winding down their involvement in their previous business, two serial Seattle entrepreneurs are launching a new venture — a $2 million fund that will specialize in investing in startups run by first-time Web entrepreneurs.
Andy Sack and Chris DeVore, who together founded Judy’s Book, will announce Monday the formation of the fund, Founders Co-op. It will make investments of between $10,000 and $250,000 in new Internet companies.
By JOSEPH TARTAKOFF
P-I REPORTER
Full Story: http://seattlepi.nwsource.com/business/356131_founders24.html
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Posted in: Funding and Building your Business