WAUWATOSA – BrightStar Wisconsin Foundation isn’t your father’s venture capital fund. Self-described as a “venture philanthropy” group, BrightStar is a nonprofit organization that makes investments in emerging companies without any expectation the fund’s donors will turn a profit.
In fact, if BrightStar makes money on any of its six investments thus far in Wisconsin, it will pump it back into other emerging companies in the form of future investments.
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To read the original article: Tom Still: Co-investing trend in Wisconsin can help startups in search for money : Wsj
