Thank you to Richard Stiennon for so gently reminding me that I should use my blog to make big announcements like this. That's Matt Marshall's summary of the news, which you don't need a subscription to get and supplemented by both me and my partner talking to him. If you do subscribe to the Wall Street Journal, here's the first story published this morning.
In any case, the news is simple. I'm joining with a guy whom I've known for 20 years to put together a very small venture fund (ironic that anybody can think of $75M as small) to help entrepreneurs form new companies. This is like heaven for me: I get to hang out with really smart, motivated people and make tons of money by helping them upset the apple cart by introducing new products and services that change the world. Now Gilman and I have to go out and raise the other $60M first.
How does one contact Alsop Louie Partners?
Posted by: Pete Dailey | January 25, 2006 at 11:18 AM