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NVCA's Mark Heesen on succession plans

Published August 13, 2009 at 11:14 AM
Take a lesson from Matrix Partners' Paul Ferri, advises National Venture Capital Association president Mark Heesen in Part 2 of The Deal's Behind the Money video interview.

At 79, Ferri, whose firm's new $600 million fund is the second-largest VC fund raised this year, announced he will no longer lead new investments but will leave that job to his younger partners.

Heesen says it's a strategy other established VC firms would do well to emulate. Watch the video below or download it on iTunes. Watch Part 1 of our conversation with Heesen about VC fundraising here. - Mary Kathleen Flynn



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