[video:http://youtu.be/vPyOwBPSjrU]
Foundry Group Announces Major Shift In Investment Strategy
(Boulder): Today, Foundry Group, a venture capital firm that invests in U.S.-based seed and early stage technology companies announced, via video, a major change to their investing program. Previously, the firm has focused on cutting edge technologies within their well-known investment themes. Effective immediately, however, the firm will focus on more proven technologies that present less technology risk.
“We really believe that the golden age of technology occurred 30 to 40 years ago and we intend on identifying and investing in the best entrepreneurs in these older, key technologies,” said Seth Levine, Managing Director.
Read more on Foundry Group's blog.
