{"id":111721,"date":"2009-12-29T15:11:02","date_gmt":"2009-12-29T20:11:02","guid":{"rendered":"http:\/\/www.stoth.com\/2009\/12\/29\/pacific-lake-partners-raises-35m-to-back-young-entrepreneurs\/"},"modified":"2009-12-29T15:11:02","modified_gmt":"2009-12-29T20:11:02","slug":"pacific-lake-partners-raises-35m-to-back-young-entrepreneurs","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/111721","title":{"rendered":"Pacific Lake Partners raises $35M to back young entrepreneurs"},"content":{"rendered":"<p><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-149852\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_PacificLake.jpg\" alt=\"PacificLake\" width=\"266\" height=\"150\" \/>Palo Alto, Calif.-based venture capital firm <a title=\"Pacific Lake Partners\" href=\"http:\/\/www.lakepacific.com\/\">Pacific Lake Partners<\/a> is still looking to raise $35 million for a rather interesting new fund. The fund will specifically target young entrepreneurs looking to buy and turn around other people&#8217;s startups.<\/p>\n<p>The firm says it will give recipients between $300,000 and $500,000 to aid them in their search for the right opportunity, according to Dow Jones VentureWire.<\/p>\n<p>The goal is to give recent business school graduates the backing they need to eventually buy out a $10 to $30 million business. To do so, it will provide an additional $1.5 million to help with the purchase, encouraging other firms to jump in as well. This program will give young entrepreneurs the experience they need in a sector without forcing them to start from scratch, Pacific Lake says.<\/p>\n<div><span><br \/>\n<\/span><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/WACvhcwx2zheV4poA93jU9fZ98s\/0\/da\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_di\" border=\"0\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/WACvhcwx2zheV4poA93jU9fZ98s\/1\/da\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_di\" border=\"0\"><\/img><\/a><\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=Hz1yePj7QFc:j6aKJ3h_dsM:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_Venturebeat?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=Hz1yePj7QFc:j6aKJ3h_dsM:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_Venturebeat?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=Hz1yePj7QFc:j6aKJ3h_dsM:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_Venturebeat?i=Hz1yePj7QFc:j6aKJ3h_dsM:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=Hz1yePj7QFc:j6aKJ3h_dsM:I9og5sOYxJI\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/5c8ac_Venturebeat?d=I9og5sOYxJI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Venturebeat?a=Hz1yePj7QFc:j6aKJ3h_dsM:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/f3554_Venturebeat?i=Hz1yePj7QFc:j6aKJ3h_dsM:D7DqB2pKExk\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/f3554_Hz1yePj7QFc\" height=\"1\" width=\"1\" \/> <\/p>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/feedproxy.google.com\/~r\/Venturebeat\/~3\/Hz1yePj7QFc\/\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palo Alto, Calif.-based venture capital firm Pacific Lake Partners is still looking to raise $35 million for a rather interesting new fund. The fund will specifically target young entrepreneurs looking to buy and turn around other people&#8217;s startups. The firm says it will give recipients between $300,000 and $500,000 to aid them in their search [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-111721","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/111721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=111721"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/111721\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=111721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=111721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=111721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}