Thursday, November 05, 2009

TNInvestco: Satz says TNCV underway

He's still settling on where to office, but Eric Satz of Tennessee Community Ventures Fund told VNC this afternoon his group has already met with some entrepreneurs and while it's too early to say whether they invest in those firms, "they're all very promising." Satz said soon's he catches his breath, TNCV will sit down with other TNInvestco winners and compare notes about approaching "potential insurance-company partners." Satz noted that apart from the healthcare sector, there is no single industry sector in Tennessee large enough to warrant a VC's "pure focus." Instead, he said, TNCV's stategy will be more "generalist," looking at opportunities across industries and sectors.

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