Thursday, 17th of January 2008 at 12:42:52 AM
The Houston Business Journal put together a great interview with Blair Garrou of DFJ Mercury on what he thinks are some of the hot areas for investment and growth in Houston. Here are a few excerpts I found interesting.
“Blair Garrou, managing partner of Houston venture capital firm DFJ Mercury, is bullish on the Bayou City as fertile ground for start-up companies.”
“DFJ Mercury typically invests between $100,000 and $1 million in seed and early-stage companies and also builds syndicates through its DFJ network for larger investments. The company has invested in six Houston start-ups over the last two and a half years — three in bioscience and three in technology. ”
“I’m a proponent that this is a fertile ground for start-ups. You can’t compare Houston to San Francisco. Start-ups are in the DNA in San Francisco — it’s been a way of life for generations. You don’t have those kinds of conversations around the dinner table here yet. I think Houston has the ability to be strong in three areas — life sciences, software and Web 2.0 deals.”
You can read the complete article here. You can also see our previous interview with Blair on StartupHouston here.
