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Scott Burkett's Pothole on the Infobahn
Blogging, opining, ruminating and pontificating on technology, online communities, business networking, IT management, entrepreneurship, venture capital, leadership, online social networking and other things that melt in the warm Atlanta sun. This blog originates at http://www.scottburkett.com/.
A New Fund Cometh … Hopefully
Posted by:  on August 16, 2007 at 9:08AM EST

Stephen Fleming organized a roomful of 20 kindred spirits last night. The purpose? To discuss a new seed fund to be based here in Atlanta. We tossed around a lot of ideas on the structure of the fund, the investment model, the target markets, etc. The discussion was lively and I think we all walked away with a broader view of things.

A great deal of discussion focused around Y-Combinator, Techstars and other similar models. While the group served up varied opinions on the details, we all agreed to the need, and our collective desire to make this a reality here in the Southeast.

It will be interesting to see how this continues to evolve. Whatever form this thing takes, it will serve to fill a big gaping void in the regional venture market.

Kudos to Stephen for taking the lead and organizing this thing … someone had to do it!

More soon …

Cheers.

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