When he left Lightbank last year, Paul Lee wasn't done with startups. But he thought the traditional venture-capital fund could use some tweaking.
Serial entrepreneurs are the best risks, but many are still involved with prior ventures or don't want to sign on to build another startup from scratch. Young entrepreneurs have the desire to work 80-hour weeks but often lack experience and capital to pull off a startup.
So he combined the two, along with private capital, into a firm called Roniin.
Image: Manuel Martinez -- Roniin co-founders, from left: Arman Ghosh, Ryan Jeffery, Paul Lee and Kathryn Saluke
