VCs on Planes

Oct 21, 09 in Entrepreneurship, Venture Capital

2 Comments

Shortly after the attention grabbing article entitled "Study Shows Atlanta Kills Off Start-Up Companies"  I found myself sitting down with Wright Steenrod of Chrysalis Ventures.  Wright leads Chrysalis' technology practice.  He likes Atlanta, he likes Atlanta entrepreneurs, and he is looking to make some more investments in Atlanta. 

It seems like all this public weeping and gnashing of teeth has led to a good outcome.  Wright and other venture capitalists have come to the conclusion that Atlanta might be a ripe place to make some investments.  They are getting on planes looking for opportunities. 

Back to Chrysalis, on the tech side of their business they invest in companies that make information and networks more productive and efficient.  They are focusing on businesses that use information to improve people's lives by organizing fragmented, diffuse date to make it more relevant and useful.  To make it more valuable.  Its a great investment thesis and one that has become my own personal area of focus. 

Take a peek at Chrysalis' investment criteria and if there might be a fit Wright is in Atlanta quite often these days.