This Texas tech tycoon bet $30 million of his own money on a big plan to take on the Silicon Valley investment industry
|06/20/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>