Source: Business Insider
Summary
Meridian Ventures, a venture firm founded by Devon Gethers and Karlton Haney, has raised a $35 million second fund. The fund will focus on backing pre-seed and seed-stage companies founded by individuals who have deferred their MBA programs. The announcement was made on Friday.
Our Reading
The launch follows a familiar script.
Meridian Ventures is doubling down on its niche investment strategy. The firm’s second fund is slightly larger than its first, which was $25 million. The focus on MBA deferrals is still a unique angle. Because what the startup world really needed was more MBAs.
Author: Evan Null
