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This Texas tech tycoon bet $30 million of his own money on a big plan to take on the Silicon Valley investment industry





BuildGroup Lanham Napier

  • Former Rackspace CEO Lanham Napier is now in command of a new investment company, called BuildGroup.
  • “That guy in Seattle” came calling with an offer to buy Anaconda, a hot startup that also happened to be his first investment.
  • If Napier were a Silicon Valley VC, he would have been thrilled, and jumped straight into trying to maximize his take.
  • But making a fast return was exactly not what he dreamed his new investment company, BuildGroup, would do when he founded it with a cohort of former Rackspace execs.

BuildGroup is supposed to be the anti-Silicon Valley capital firm, only investing for read more >>>

Source:: BusinessInsider.Com

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