Yahoo CEO husband set up fund to invest "big data"

August 10 News, according to foreign media reports, Yahoo CEO Mayer (Marissa Mayer) husband recently set up a special investment in the field of large data Capital Fund.

Data Collective is a new venture venture company that can be watched for a number of reasons, one of which is that it is managed by Zache Bog (Zack Bogue). And Borg is Yahoo CEO Mayer's husband.

There is another reason for the company's attention: its members have a wealth of industry experience. In addition to Borg, the fund also lists its three top partners: Matt Ock (Matt ocko), Michael Drisco (Michael Driscoll) and Bradford Cross (Bradford Cross). The company also has 35 active angel investors.

DCVC did not name the 35 angel investors, but listed the companies they have invested so far. These companies include Square,xensource,verisign,zynga,branchout,facebook,platfora and Apprenda, among others.

VCs tend to introduce the founders and executives of some companies into so-called "side-car" funds in which the founders and executives will be able to keep small sums of money in the fund, in addition to the large sums invested by institutional investors.

The data collective company has reversed the traditional "side-car" fund model, whose funds come mainly from equity partners of technology companies ' founders, executives, data scientists and engineers.

"These equity partners share money directly with each other in the fund," DCVC said at a news conference that it set up. We have the experience of building a larger fund and we have the ability to do so. ”

DCVC will focus on the most popular sectors of data, and it will be a seed or early investor.

It is now an era of "big Data", and everyone predicts that there will be great companies in the future. "Big Data" refers to the scanning of a wide variety of data, some new technologies, and then analyze the data, and based on the data to write some applications or to make some queries.

DCVC told everyone: "We believe that as the 80 PC Revolution, the 90 generation of the Internet, the 2000 Network 2.0, the big data now also represents a chance to create hundreds of millions of dollars of wealth." ”

DCVC has made some seed investments in its first phase of the fund. These include companies such as Kaggle,parse and citus data. The venture also said a bigger Phase II fund was being raised.

The VC company has not officially disclosed the size of its first phase of the fund, but the Pehub analysis will not exceed 100 million dollars in size. (Changfeng)

(Responsible editor: The good of the Legacy)