Betting on Michigan

As Volkswagen pulls up stakes, others are investing heavily in Michigan’s future. Consider Dan Gilbert’s new $200-million private equity firm which will have a “strong bias” toward investments in growing Michigan businesses. And a new venture fund by Michigan VC pros Rick Snyder and Chris Rizik. And the $100 million “New Economy” devlopment fund launched by numerous foundations.

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One Comment

  1. Eric Lemorandes
    Posted September 14, 2007 at 4:54 pm | Permalink

    I won’t be rushing to buy a VW anytime soon. Are any of these venture capital firms hiring?

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