GoAhead Ventures raises $55 mln to invest in Stanford startups

Two recent Stanford graduates have launched GoAhead Ventures, a $55 million fund seeking to invest in companies founded at that university, according to a press releasePhil Brady and Clancey Stahr, along with third managing partner Takeshi “TK” Mori, raised money from Japanese institutions, corporations, and high-net-worth individuals, as well as wealthy individuals and family offices in the U.S. The fund’s portfolio includes Gameflip, OoLaLa Mobile, VideoAmp and Simple Emotion. GoAhead will focus on Stanford, but not exclusively: the fund will also invest in Los Angeles-based companies and others in the Bay Area.