MADISON, Wis. – Leading up to the news of a proposed $100-million state investment in a venture capital fund, the Wisconsin Technology Council informally surveyed a small group of early-stage investors about the “demand” side of the equation.
Our informal query of eight such investors in Wisconsin revealed they could collectively invest between $92 million and $116 million per year in their existing Wisconsin-only portfolios – not counting new companies they have yet to see or consider as investment targets.