LifeLine Ventures seems pretty much like any other venture capital fund except for one thing: the $100 million fund was sourced entirely from one investor.
Not surprisingly, the Farmington Hills, Michigan-based fund’s managing director Ranjit Kommineni declined to identify that investor. (Kommineni is likely the envy of VCs everywhere for his one-stop fundraising.)
“We’re more business guys; we’re not the typical investors,” Kommineni said of LifeLine. “Since we’re funded by one private individual, we’re not in a hurry to get into a deal. We’re patient and would rather get into the right company.”
To read the full, original article click on this link: LifeLine Ventures: The $100 million, one (anonymous) investor fund
