Region
Second Wave - Michigan
Capital Gains - Lansing
Catalyst Midland
Concentrate - Ann Arbor/Ypsi
Epicenter - Mount Pleasant
Route Bay City
Rural Innovation Exchange
Southwest Michigan
UPword - UP
The Keel - Port Huron
The Lakeshore
Metromode - Metro Detroit
Flintside - Flint
Model D - Detroit
Rapid Growth - Grand Rapids
Focus Areas
Arts and Culture
Community Development
Diversity
Economic Development
Entrepreneurship
Equity
Healthy Communities
Kids and Education
Sustainability
Technology and Innovation
Transportation
City
Ann Arbor
Chelsea
Dexter
Milan
Saline
Ypsilanti
Series
Concentrate
Block by Block
Detroit Driven
Inside our Outdoors
MI Mental Health
On The Ground
Voices of Youth
Statewide
Areas of Concern
Block by Block
Bridging the Talent Gap
COVID19
Cyber Security
Disability Inclusion
Early Education Matters
Forestry
Girl Scouts SE Michigan Team Up
Good Food
Greater Lakes
Inside our Outdoors
Invasive Species
MI Mental Health
Michigan Nightlight
Michigan's Agricultural Future
Michigan's State of Health Podcast
Nonprofit Journal Project
Preserving Michigan
State of Health
Stories of Change
Voices of Youth
Yours, Mine, & Ours - Public Health
Toggle navigation
Focus Areas
Arts and Culture
Community Development
Diversity
Economic Development
Entrepreneurship
Equity
Healthy Communities
Kids and Education
Sustainability
Technology and Innovation
Transportation
City
Ann Arbor
Chelsea
Dexter
Milan
Saline
Ypsilanti
Series
Concentrate
Block by Block
Detroit Driven
Inside our Outdoors
MI Mental Health
On The Ground
Voices of Youth
Statewide
Areas of Concern
Block by Block
Bridging the Talent Gap
COVID19
Cyber Security
Disability Inclusion
Early Education Matters
Forestry
Girl Scouts SE Michigan Team Up
Good Food
Greater Lakes
Inside our Outdoors
Invasive Species
MI Mental Health
Michigan Nightlight
Michigan's Agricultural Future
Michigan's State of Health Podcast
Nonprofit Journal Project
Preserving Michigan
State of Health
Stories of Change
Voices of Youth
Yours, Mine, & Ours - Public Health
About
Contact
Xconomy takes a close look at U-M's Wolverine Venture Fund
Wednesday, June 23, 2010
| Source:
Xconomy.com
Share
Business students at the University of Michigan aren't making venture capital investments with monopoly money. They have millions of dollars at their disposal and they're making some smart investments in local start-ups.
Excerpt:
Tom Kinnear says he is a great "theoretical golfer." It is the implementation that is lacking.
In the same way, business students who learn how venture capital works without ever investing real money in real companies may be at a disadvantage, Kinnear says. That's why, 11 years ago, Kinnear and colleagues at the University of Michigan's business school launched the Wolverine Venture Fund, what he calls the country's first student-led venture capital initiative.
"The way I look at it is you can theoretically teach how to do this, which is interesting, but it's like an athlete being theoretically taught how to play a sport. You've really got to play the sport. So, this is the playing of the sport," says Kinnear, who is executive director of the Zell Lurie Institute for Entrepreneurial Studies at the University of Michigan's Ross School of Business and managing director of the Wolverine Venture Fund.
Read the rest of the story
here
.
Enjoy this story?
Sign up
for free solutions-based reporting in your inbox each week.
Share
Related Tags
Higher Education
,
Investment
,
University Of Michigan
,
Venture Capital
Recommended Content
Related Company
University of Michigan
Ann Arbor, Michigan
Website
Across Our Network
How the aerospace industry built a market and a legacy in Fort Wayne
Source: Input Fort Wayne
U-M's Ypsilanti Health Center to move downtown, tripling space and adding specialty care
Source: Concentrate
Flint Southwestern students explore career pathways at Wayne State and Hurley Medical Hospital
Source: Flintside
CDFI funding helps Corktown Health expand services for Detroit area's LGBTQ residents
Source: Second Wave Michigan