You've probably heard of a few newish venture-operator groups out there --
Betaworks,
Churn Labs and
Science, Inc are some examples. They're basically organizations that take the idea of incubation to the next level, by being professional venture firms that build companies to be run by seasoned entrepreneurs. But
Minor Ventures was doing this back in 2005, and quietly won big over the years with hits like
GrandCentral (now
Google Voice),
OpenDNS and
Scout Labs. Today, its namesake, Halsey Minor has become embroiled in various
other issues, but
Ron Palmeri has been putting together a new firm, called MkII Ventures ("
mark 2" meaning new model or variant, such as for military hardware).
Source: http://feedproxy.google.com/~r/Techcrunch/~3/K0a-vfXEJVA/
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