When Dan Gilbert isn’t busy running the Cleveland Cavaliers or lashing out at Lebron James for spurning his team, he’s evaluating start-up business plans for a new venture capital firm in Detroit.Gilbert is one of three Detroit natives who recently formed Detroit Venture Partners, which plans to invest in technology start-ups in Motor City and surrounding areas, VentureWire reported. The other partners are serial entrepreneur Josh Linkner, who founded online promotions company ePrize, and Brian Hermelin, the chair of Rockbridge Growth Equity, a private equity group he co-founded with Gilbert.
To read the full, original article click on this link: Cleveland Cavaliers’ Owner Moonlights As A Venture Capitalist - Venture Capital Dispatch - WSJ
Author: Scott Austin
