Advertisements

Yet Another (ex-)VC Blog

Cloud computing, startups, and venture capital

VC returns in yogurt, video stores, and train tracks (seriously)

leave a comment »


CIVC had a number of highly successful non-technology investments made in the late 1970’s timeframe, such as:

LB Foster: Repurposed old train tracks

JD Robinson Jewelers: The original “diamond man” (Tom Shane’s inspiration)

National Demographics: Mailing Lists

American Home Video: Video Stores

Michigan Cottage Cheese: Yoplait Yogurt

The Aviation Group: Expedited small package delivery

JMB Realty: Real Estate Management company

None of these companies fit Mr. Neumann’s definition of the era’s venture deals and each generated returns we would welcome today.

via Brad Feld’s A Venture Capital History Perspective From Jack Tankersley, a response to Jerry Neumann’s popular post “VC Heat Death”, which covers the VC industry in the 80’s.

Advertisements

Written by John Gannon

August 25, 2015 at 11:53 am

Posted in Uncategorized

Tagged with

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: