Press for General Catalyst
Former Republican gubernatorial candidate Charlie Baker announced today he has a new job advising a Cambridge-based venture capital firm, saying he wants to take on a mentor role “instead of taking a leadership role at a large organization.”
Four months after his failed Massachusetts gubernatorial bid, Charlie Baker has landed a private-sector job at a Cambridge venture capital firm.
The former Harvard Pilgrim Health Care CEO is now an “executive in residence” for General Catalyst Partners. He’ll focus on working with small and midsize health-care services companies for the VC firm, which has $1.7 billion under management across five funds.
Includes General CatalystWhile the startup fundraising process often seems like a clubby game of relationships and calling in favors, a service called AngelList helps relatively unknown entrepreneurs efficiently show their wares to potential investors. But putting “angel” in the name hasn’t thrown traditional venture capitalists off the scent, especially in this frothy funding environment.
Facebook co-founder Chris Hughes was on The Colbert Report last night touting his new nonprofit, Jumo. Jumo is a "social network for the social sector" -- you can sign up (with Facebook, naturally) to follow any cause or nonprofit you're interested in, learn about what they're doing and get involved.