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3 Jun, 2013

Raises $10 million fund

Investors in the fund include Yammer co-founder David Sacks, and another limited partner who isn’t identified at the time of the announcement. Calacanis in an email describes the fund’s focus:

[..] exclusively on folks who come out of LAUNCH Festival, LAUNCH Hackathon, LAUNCH Education & Kids and LAUNCH Mobile (our four events).

It plans to invest $25,000 to $100,000 in five to 10 startups a year.

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