My Next Chapter

Effective today, I will be leaving Polaris Venture Partners, and setting out to launch a new seed firm.

While I am excited by the prospect of building something new, it is difficult to leave the partnership I have been part of for 12 years.  I feel lucky to have had the chance to learn the venture business from two of the industry’s finest practitioners, and to have worked with a remarkable group of partners.  But over the past few years I have grown a passion for working with young entrepreneurs at the very earliest stage of conceiving and launching a venture. I have certainly had the chance to do that at Polaris, whether it be through Dogpatch Labs or making seed investments, but now I’ve decided I want to make this my exclusive focus.

My Polaris partners and I have both come to the conclusion that pursuing this focus is best done in a vehicle other than Polaris funds.  While Polaris will certainly continue to dedicate a significant portion of its funds to seed investing through Dogpatch Labs, and other similar efforts, I want to focus exclusively on super-early seed stage investments.  Polaris’s diversified strategy has been and will continue to be an incredibly successful formula, but my partners and I have come to realize that a dedicated seed fund is the best platform from which to pursue my passion for the super early stage.

I am deeply gratified that Polaris is supporting the formation of my new venture, and look forward to what I hope will be numerous opportunities to co-invest with my Polaris partners

37 Comments

  1. Posted September 15, 2011 at 5:52 pm | Permalink

    wow. congrats on the big step.

  2. Posted September 15, 2011 at 6:00 pm | Permalink

    Hey Mike,

    Best of luck with the new fund.

  3. Posted September 15, 2011 at 6:19 pm | Permalink

    Congrats Mike! I think I might have your first mobile app for the new fund. A mobile loyalty program! 510.333.9887

  4. Jason
    Posted September 15, 2011 at 6:22 pm | Permalink

    Congratulations Mike! I am a 3rd Year Law Student and aspiring Venture Capitalist. Like you, very early seed stage investing is my biggest passion. Do you need any help? What free time, skills, and experience I have, I am happy to offer to you. Best of luck with the new venture, and if you are looking for a nights and weekends type of person to help get off the ground, please let me know – thurston819@gmail.com

  5. Posted September 15, 2011 at 6:35 pm | Permalink

    Congrats Mike! Are you moving to the west coast or are you still going to fly back and forth.

  6. Posted September 15, 2011 at 7:00 pm | Permalink

    Best of luck with your new fund, Mike. Let’s co-invest!

  7. Colin Brauns
    Posted September 15, 2011 at 7:32 pm | Permalink

    Congratulations on your new fund! We’re a unique startup incubator here in Cambridge, MA and would be interested in talking with you further about your investment philosophy for these early-stage companies.

  8. Posted September 15, 2011 at 7:52 pm | Permalink

    Best of luck Mike. Congrats on your new venture. You rock bud. 🙂

  9. Bob Hirshland
    Posted September 15, 2011 at 9:04 pm | Permalink

    Congratulations to my baby brother. Wishing you tremendous success on your next endeavor. I might add that this is my frist response on a blog. Seems like an appropriate time to start.

  10. tim dibble
    Posted September 15, 2011 at 9:12 pm | Permalink

    congrats Bud!

  11. Posted September 15, 2011 at 10:17 pm | Permalink

    Congratulations. Always fun to do your own thing.

  12. Terence Kawaja
    Posted September 15, 2011 at 10:48 pm | Permalink

    Congratulations and best of luck Mike. Going out on your own…..hmmm…..now that’s a good idea!

  13. Posted September 15, 2011 at 11:18 pm | Permalink

    Congratulations Mike! It’s a very exciting time!

  14. dean denhart
    Posted September 15, 2011 at 11:29 pm | Permalink

    Hey Mike….good luck…..sometime in the future our paths should cross again!

  15. Posted September 15, 2011 at 11:45 pm | Permalink

    Really excited for you. Congratulations!

  16. Posted September 16, 2011 at 4:31 am | Permalink

    Congrats! We haven’t met but several friends speak highly of you.

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  18. Nirav Tolia
    Posted September 16, 2011 at 9:39 am | Permalink

    Congrats! You’re a great investor and great guy and no doubt will be very successful in your new gig!

  19. Posted September 16, 2011 at 10:06 am | Permalink

    Will be great to see you more out here!

  20. Posted September 16, 2011 at 10:41 am | Permalink

    Congrats! It’s always fun to get in at the beginning.

  21. Ramesh
    Posted September 16, 2011 at 10:47 am | Permalink

    Congrats Mike. I like what you do to inspire budding entrepreneurs. One more great step. Best wishes.

  22. michael arrington
    Posted September 16, 2011 at 11:25 am | Permalink

    Congratulations on this next step, Mike! I look forward to working with you.

  23. Posted September 16, 2011 at 11:56 am | Permalink

    Great feeling. Enjoy it and Godspeed.

  24. Posted September 16, 2011 at 11:59 am | Permalink

    Congrats Mike. I saw you at TC Disrupt, just in passing. Guess I should have stopped and talked 🙂 I like seed stage too. That is where the action is, and if you choose well, the best financial return.

    Good luck!!

  25. Posted September 16, 2011 at 12:39 pm | Permalink

    it’s an exciting move mike! congrats.

  26. Posted September 16, 2011 at 3:24 pm | Permalink

    nice work. i am sure you will enjoy it.

  27. Posted September 16, 2011 at 3:35 pm | Permalink

    We’re certain that you’ve learned quite a great deal during your tenure at Polaris, and that Polaris gained a great deal from having you aboard . Best wishes to you as you embark on this new entrepreneurial odyssey.

  28. Posted September 16, 2011 at 3:43 pm | Permalink

    Congrats and good luck buddy. 🙂

  29. Posted September 16, 2011 at 5:15 pm | Permalink

    Congrats Mike. Now you will know what it’s like to be an entrepreneur. Wishing you much success.

  30. Don MacKenzie
    Posted September 17, 2011 at 3:38 am | Permalink

    Hi Mike
    Congrats on your move and the very best of luck with the new venture.

  31. Posted September 17, 2011 at 7:26 am | Permalink

    Great news, Mike! Do you plan to focus on startups in the Boston/Cambridge area, or also other geographies? What about Europe?

  32. Posted September 17, 2011 at 2:07 pm | Permalink

    Congrats Mike- great news

  33. Posted September 17, 2011 at 8:21 pm | Permalink

    Well done Mike!!!

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  37. Posted October 6, 2011 at 10:51 pm | Permalink

    Just catching up on this news, would love to hear more next time you’re in LA. Congrats on the move!

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