VC Zombies: ArrowPath Venture Partners

ArrowPath Venture Partners

ArrowPath Venture Partners is the very definition of a dotcom bubble-era firm, having originally been formed in 1997 as the in-house VC unit of E*Trade Group. It spun out independently in 2003, and continued investing out of an existing $210 million fund.

The firm quietly decided in late 2007 not to raise another fund, and officially confirmed its wind-down intentions when co-founding partner Morgan Rodd joined Milestone Venture Partners earlier this year.

According to its website, ArrowPath still has 15 active portfolio companies.