QuizTime: Keeping with the niche fund theme… Can you name the bi-coastal VC firm that is planning a traditional energy fund (i.e., not cleantech). Hint: The firm’s name is an unintentional giveaway.
Quiz Answer: Two weeks ago, I asked if you could name the corporate bigshot-turned-VC who is planning to launch a niche fund under his firm’s banner. Your hint was to think retail. The answer is Tom Stemberg, the former Staples founder and CEO who currently toils as a venture partner with Highland Capital Partners. The details of his new retail fund – including its relationship to Highland — are not yet set, but expect more clarity within a month or two.