By Sandra Guy [email protected] Feb 7, 2011 02:36AM
The two Chicago investors who provided the startup money for Web sensation Groupon are still creating what they hope will be the newest online success story.
Serial entrepreneurs Brad Keywell and Eric Lefkofsky are backing at least 10 ventures through their investment group, Lightbank. Nine of the 10 are headquartered in the same building as Groupon — the former Montgomery Ward & Co. catalog house at 600 W. Chicago.
The duo started Lightbank in fall 2009 to invest $100 million over the next 10 years to help tech startups grow into successful companies. Lightbank seeks passionate entrepreneurs who are smart, aggressive, who cannot let go of their ideas and who understand social media and Web dynamics, Lefkofsky said.
So far, Lightbank has invested in or helped create these startups: Read more.