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For Now, Michigan Can Celebrate $150 Million Entrepreneurial VC Fund

g vernacular, MVIC will be a fund of funds. On the positive side, VC professionals will be responsible for picking winners and losers. On the negative side, past data is not publicly available on Michigan VCs to judge their performance.

Not surprisingly, the state association of venture firms (the Michigan Venture Capital Association) strongly supported the initiative. Some cynics observ......

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Source:wistechnology.com By Darrell Dvorak 01/28/04


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