Startup founder David E. Robinson has been named to head a new company called Startup.org, a non-profit that will invest in entrepreneurs and startups.
Robinson will lead the new venture, and will focus on raising capital to help them grow.
The startup is a nonprofit that will be a catalyst for new ideas, with the aim of building a community for entrepreneurs and investors, said Robinson, whose company, Mondo Capital, is a San Francisco-based real estate and finance firm that specializes in financing companies.
The organization is focused on creating a “virtual accelerator,” which he said could provide funding for startups and create new jobs, in addition to providing access to a wealth of information.
The new venture will also help Robinson and his co-founder, Chris Gershenfeld, better understand the needs of the startup community.
Robinson is also working with Mondo to provide funding to help those who need it.
“We’re hoping that Startup.net and Startup.
Org will help create a network of people who are willing to invest in startups, and also create opportunities for people to connect with other investors, so that they can actually build companies,” Robinson said.
He said the new organization will be similar to the one he started, which was called The Mondo Fund, and has since been expanded to encompass a broader range of funders.
Robinson said the goal of the organization is to help new startups grow, and provide funding in order to help grow the startup ecosystem.
“The Mondo fund is the largest startup fund in the country, and we want to build a network that will help all of these startups,” he said.
“There is so much potential in the startup space right now.
I think that there is such a thing as being a tech unicorn.”
Rob Robinson, founder of Startup.com and co-creator of Mondo, said the Mondo Network will help entrepreneurs, investors and startups reach new markets.
A spokesperson for the Mondos said they are excited to be partnering with Robinson and Gershanfeld to build the Startup.
Mondo, which is based in San Francisco, has invested in more than 100 companies since it launched in 2009.
It has raised more than $5 billion in private capital, including $3.7 billion in Series A financing and $4.4 billion in funding from private and institutional investors.
The company is now focused on expanding its network of investors and helping startups succeed, Robinson said, adding that he hopes to work with Mondons investors to help build a community of investors who will also give him the opportunity to raise capital for startups.
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