Mark Solon has been around TechStars for years as a mentor but also as a personal friend and advisor of mine and of TechStars. Mark and I have been on the board of SendGrid together since it emerged from TechStars in 2009, and Mark also serves on the board of other TechStars companies such as Everlater, Kapost, and Orbotix. I’ve also gotten to know Mark and his family very well over the last few years. Mark is not only one of the most talented investors I’ve ever worked with, but he’s a genuinely good person who I’ve seen repeatedly put the interests of others in front of his own.
Ever since Mark and his partners decided not to raise another fund at Highway 12 Ventures, I’ve been (perhaps not too subtly) working to bring Mark even closer to TechStars. Today, I couldn’t be happier to announce that Mark Solon has joined TechStars officially as a general partner and will focus on capital formation for TechStars broadly. As many of our companies already know, Mark has been helping them with their own capital strategy for some time already. Now Mark will also focus on strategy and deployment of the $70M that TechStars now has under management.
You can read much more about how Mark is thinking about this on his personal blog here. Mark, welcome to the TechStars family! We are thrilled to have the chance to work with you more closely, and I know our companies will feel the same way.