“There’s a ton of stuff that really could be impacting the lives of everybody on Earth, that is not making it out of the lab and into practical application,” said David Van Wie, founder and chief investment officer at Aventurine Capital Group. That’s how he summarizes the problem he is trying to solve with his IP-forward accelerator. He hopes that spinning out companies — and letting inventors and academics continue to do what they do best — is a winning formula.
Aventurine focuses on where venture capital doesn’t typically go: It gets in early to support people who aren’t natural entrepreneurs, and invests in IP for the long term using what it calls a Perpetual IP Income fund, or PIPI fund. If it sounds as i …
