Madrona raises $690M fund to accelerate early-stage AI and machine learning firms
Madrona raises $690M for two funds to accelerate early-stage AI and machine learning firms - SiliconANGLE
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Madrona raises $690M for two funds to accelerate early-stage AI and machine learning firms - SiliconANGLE
Tom Alberg, co-founder of the venture capital firm Madrona Venture Group and an early investor in Amazon.com Inc., has died. He was 82.Alberg died Friday,
Tom Alberg, a co-founder of Madrona Venture Group and an early backer of Amazon.com Inc., has passed away. He was 82. According to a statement made public by Madrona, Alberg passed away on Friday. Alberg assisted Amazon founder Jeff Bezos in the middle of the 1990s in raising capital for the budding e-commerce business. Alberg's job included educating possible donors on the potential of the nascent internet. In the end, the fund received $1 million from 22 contributors over the course of a year, including Alberg and Bezos's parents, who normally contributed $50,000 each contributor f...