There’s an Investor Raising Money for Startups That Don’t Sell Out
- Fund is the fifth for the Luxembourg-based venture firm
- Past successes include investments in Skype, Wix.com
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Mangrove Capital Partners, the Luxembourg-based venture capital firm, has raised a $170 million fund to invest in European startups. But its outspoken founder has no interest in startups looking for a quick buck.
The fund, which is Mangrove’s fifth since its founding 17 years ago, will invest in early stage companies, said co-founder and Chief Executive Officer Mark Tluszcz in an interview.