Absolute Michigan's Michigan Blog: Michigan Venture Capital Controversy

Monday, December 12, 2005

Michigan Venture Capital Controversy

The Ann Arbor News has an excellent and detailed look at the Michigan's venture capital industry and surrounding controversy. Nader Najafi, CEO of Integrated Sensing Systems Inc., alleges the state's 15 or so venture firms, the majority of which are concentrated in Ann Arbor, have become a syndicate 'suffocating' the local technology industry. While some agree, others dispute the allegations.

Michigan Venture Capital Association web site

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# posted by farlane @ 9:26 AM

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