Ohio State University invests $50m into venture firm Drive Capital.
Ohio State University has invested $50m into venture firm Drive Capital in a deal to retain more talent to the surrounding area.
The deal has attracted press scrutiny, as both the ex-president of OSU Gordon Gee, who retired shortly before OSU made the financial commitment to Drive Capital, and Drive’s co-founder Mark Kvamme, who moved from a venture capital position in Silicon Valley to Ohio to lead economic development efforts in 2011, are both closely tied to Republican Governor…
