People from India, Iran, Korea, China, Vietnam, Ethiopia and other nations.
Henry D. Barratt Jr. wants to tap into what he sees as the source of the best new ideas in business: the immigrant community.
While searching for new technology companies in which to invest, the venture capitalist kept finding himself sitting around a table with people who looked much like him: middle-aged, white and male. Minorities and immigrants weren't knocking on his door, let alone showing up on his holiday card list. He wasn't in their network; they weren't in his.
So Barratt and his partners at Blue Water Capital in McLean decided to create a venture capital fund that invests only in companies run by first- and second-generation immigrants.
| There's more of Shannon Henry's Washington Post article "Backing the Immigrant Work Ethic"
posted in articles on January 2, 2004 7:20 PM | t (0)
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