Succession is a major issue for many venture firms. Institutional investors, founders — even reporters — often get attached to senior members of a team, and when one of those individuals decides to hang up his or her cleats, it can be tricky for the rest of the partnership. For its part, Emergence, a highly successful enterprise-focused venture firm, has been thinking about succession for at least the last decade, suggests Jason Green, who co-founded the outfit with Gordon Ritter and Brian Jacobs in the winter of 2002 and who says the team has long focused on hiring younger investors who can someday steward the firm. That planning seems to be paying off. Emergence just yesterday revealed it has raised $950 million across two new… Click below to read the full story from TechCrunch
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Emergence Capital co-founder Jason Green on transitioning out of the firm, and what’s next
