Rich people are standing in line these days to invest in Miami’s burgeoning entrepreneurial ecosystem. In another sign of widening interest in Miami’s potential, Keiretsu Forum, a large worldwide angel network, is opening a chapter in Miami.
Keiretsu Forum was founded in 2000 by Randy Williams in the San Francisco Bay Area, and now has 30 chapters and more than 1,100 accredited investor members. Keiretsu Forum members typically provide capital in the $250k – 2 million range in early-stage companies. Members collaborate in the due-diligence, but make their own investment decisions. Through the Keiretsu Forum, more than $400 million of capital has been invested into technology, consumer products, Internet, healthcare, life sciences and real estate companies, the forum said.
Keiretsu Forum said John Inman, a commercial real estate investor, will lead the Miami chapter and plans to select 20 founding members before year’s end.
Read Nancy Dahlberg’s Miami Herald article here: http://hrld.us/1ohNXd
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