QuizTime: Keeping with the niche fund theme Can you name the bi-coastal VC firm that is planning a traditional energy fund (i.e., not cleantech). Hint: The firms name is an unintentional giveaway.
Quiz Answer: Two weeks ago, I asked if you could name the corporate bigshot-turned-VC who is planning to launch a niche fund under his firms banner. Your hint was to think retail. The answer is Tom Stemberg, the former Staples founder and CEO who currently toils as a venture partner with Highland Capital Partners. The details of his new retail fund including its relationship to Highland — are not yet set, but expect more clarity within a month or two.
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