Lightbank Aims To Change The VC Game As It Expands Its Investments Beyond Chicago

There's a lot of talk about disruption in the venture capital world. We've?discussed?at length the shift that many VCs are making from simply writing a check to serving as a hands-on, end-to-end service driven by seasoned operators and former founders. Chicago-based Lightbank, the VC firm started by Groupon seed investors Eric Lefkofsky and Brad Keywell, have a similar approach but with one major difference: the firm's fund, which is around $200 million, is composed of mainly Keywell and Lefkofsky's personal money, not that of LPs (NEA has put a small amount in the firm, but is not considered an L.P.).

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