This week’s episode of “WisBusiness: The Podcast” features Andy Walker and Chris Eckstrom, partners with Rock River Capital Partners.
The firm is looking to make $1 million investments in post-revenue companies, according to Walker. But Eckstrom says about 20 percent of the fund is set aside for more “opportunistic” investments, which can range from $250,000 to $2 million “for the right deal.”
Walker says Rock River Capital Partners is one of the larger recipient funds for the Badger Fund of Funds, and was meant to be growth-focused rather than an early-stage seed fund. About 28 percent of Rock River’s fund came from the Badger Fund of Funds, and Walker says that made raising the rest of the fund easier.
In the podcast, Walker calls for expanding the Badger Fund of Funds, to support more late-stage funding in the state. And he says allowing money from that fund to be spent out of state would be another positive step. Listen to the podcast here.