TORONTO (Reuters) - The co-managers of a $150 million venture capital fund backed by Research In Motion will open offices in California's Silicon Valley and elsewhere as they focus on mobile phone-related investments.
"We're at the beginning of what will be a transformational decade," said Kevin Talbot, who co-manages the Toronto-based BlackBerry Partners Fund with John Albright.
"There are 2 billion bank accounts in the world today yet there are 5 billion (mobile phone) subscriber accounts. We see massive numbers, we see huge velocity," he said, adding that mobile entrepreneurs can now be found globally.
To read the full, original article click on this link: Canada tech fund to expand, focus on mobile | Business | Reuters
