Xconomy: BrightStar Reveals Phoenix Investment, Sale of $500K in Tax Credits
By Jeff Engel, 1/19/2015
Some dealmakers weren’t sure what to expect from BrightStar Wisconsin Foundation when the nonprofit, which invests donations into Badger State startups, came onto the scene in late 2013.
Turns out, the organization has proven itself not only as a valuable, albeit small, source of capital, but also as a shrewd negotiator that has pushed fellow investors to wrap up deals more quickly, supporters say. That’s a boon for both cash-strapped startups and their backers.