Startups

SeventySix Capital: 3 exits this year, 3 name changes since 2010

Wayne Kimmel's early stage investment firm is back to being called SeventySix Capital and announced its third exit of the year.
Updated Oct. 29, 2013 @ 4:45pm: A previous version of this article misstated previous branding of the firm in question. The ETF Venture Fund was the branding of the firm that originated as the Eastern Technology Fund and later became SeventySix Capital.

Early stage investment group SeventySix Capital (that’s Wayne Kimmel‘s fund previously known as Artists & Instigators) portfolio company Bread, a New York City/San Francisco-based link shortener, was acquired by Yahoo, TechCrunch reported. That’s SeventySix Capital’s third exit of 2013, the fund said.

bread-yahoo

Since rebranding earlier this year, it’s also the fund’s third name change since 2010.

It may also symbolize a break fromĀ Ecko, who is not listed as a partner on SeventySix Capital’s website. Stender did not respond to a request for comment on that matter.

-30-
Subscribe to our Newsletters
Technically Media
Connect with companies from the Technical.ly community
New call-to-action

Advertisement