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My Next Chapter

My Next Chapter

September 15, 2011
by
Mike Hirshland

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

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