Drive Capitals second act how the Columbus venture firm found success after a split | TechCrunch

Image for article Drive Capitals second act how the Columbus venture firm found success after a split | TechCrunch
News Source : TechCrunch

News Summary

  • Columbus, Ohio-based Drive Capital returned $500 million to investors in a single week
  • The firm cashed out of Austin-based Thoughtful Automation and another undisclosed company
  • It’s a meaningful turnaround for a firm that faced existential questions just three years ago
The venture capital world has always had a hotandcold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohiobased [+6313 chars]

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