You’ve probably heard of a few newish venture-operator groups out there — Betaworks, Churn Labs and Science, Inc are some examples. They’re basically organizations that take the idea of incubation to the next level, by being professional venture firms that build companies to be run by seasoned entrepreneurs. But Minor Ventures was doing this back in 2005, and quietly won big over the years with hits like GrandCentral (now Google Voice), OpenDNS and Scout Labs.
Today, its namesake, Halsey Minor has become embroiled in various other issues, but Ron Palmeri has been putting together a new firm, called MkII Ventures (“mark 2” meaning new model or variant, such as for military hardware). The word among Minor Ventures CEOs has been that despite Palmeri’s low profile as managing director, he was a major factor in the firm’s success. So, he’s well positioned for this next move.
To read the full, original article click on this link: From Minor Ventures To Big Leagues — Keep Your Eye On Ron Palmeri’s Latest Firm, MkII Ventures | TechCrunch
