Nemers launch venture-capital firm in Boulder
Last Updated: 16:07 April 10, 2014
Ganesh will represent a group of angel investors to make investments of $50,000 and $5 million. In addition to the seed capital, Ganesh will provide management advice and operational resources to the startups it funds.
Prior to co-founding Ganesh Capital, Marc Nemer was the chief executive of Cole Real Estate Investments Inc. (NYSE: COLE), which he took public in 2013. The company was acquired by American Realty Capital Properties (Nasdaq: ARCP) in February, at which time he left the company. The Nemers moved to Boulder in February, and initially are working out of their home.
Marc Nemer said Ganesh will have the ability to make decisions quickly, which he believes is imperative to the long-term success of the companies funded.
"Like Ganesh, the ancient symbol representing success and the removal of obstacles, we aim to inspire our business partners to think big and think profitably, to embrace new ideas and suggestions, and to concentrate and be focused on business execution," he said in a prepared statement. "We view the companies we invest in as partners, because by working together toward common goals we can all prosper and flourish together."
Emily Nemer added, "We believe success in business can be, and should be, enjoyable. Life is short and precious, which is why it is so important to make a positive difference in business and work with people that you genuinely like, trust and mutually respect."
She has held various finance- and wealth-management positions with a Fortune 200 company. She also has worked with a startup specializing in digital marketing, and also launched business of her own.
For more information about Ganesh Capital go to www.ganeshcapial.com.
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