Billionaire Boys Funds
The Billionaire Boys’ Funds
Yachts and pro sports teams are signs of success as an entrepreneur, but having your own VC fund? That’s the ultimate status symbol. Seattle has five such firms:
Bezos Expeditions – Amazon founder Jeff Bezos. Invests in a variety of early-stage companies. Notable investments: MakerBot, Twitter, Airbnb, 37signals. Quirky projects: Buying the Washington Post; recovering the rocket engines from Apollo 11, building a 10,000-year clock inside a mountain in West Texas.
Vulcan Capital – Microsoft co-founder Paul Allen. Invests in tech. Notable investments: DreamWorks, Redfin, Decide.com, Gist.
Second Avenue Partners – Nick Hanauer, early investor in Amazon, founder of gear.com and Avenue A Media. Invests in tech. Notable investments: Newsvine, FanNation, Qliance Medical Management. Notable failure: Pets.com
Maveron – Starbucks CEO Howard Schlutz. Funds early-stage consumer startups. Notable investments: eBay, Shutterfly, Drugstore.com, Zulily.
Trilogy Partnership – John Stanton, former CEO of T-Mobile and Western Wireless and former COO of McCaw Cellular. Invests in wireless. Notable investments: PrePlay, Junxion.
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