Fifty Years, a six-year-old, San Francisco-based outfit with a portfolio that’s already rife with mostly deep tech companies — many with a good story to tell about how they can have an impact on the environment — just closed its third and newest fund with $90 million in capital commitments.
The money isn’t coming from just anywhere. Firm cofounder Seth Bannon tells us the firm aimed to recruit founders of 20 so-called unicorn companies so that they would have a vested interest in — and could occasionally advise — its portfolio companies. He says that Fifty Years wound up instead with 44 “unicorn” founders, including from Spotify, Github, Sky …
