Exclusive: MaC VC raises $150 million for its third fund in four years
“I used to hear Will Smith say ‘I’ll die on a treadmill,’ Mike Palank tells me.
It’s striking for two reasons. First, any time Will Smith comes up, my Miami-born brain is hardwired to remember. The second is far more relevant: Palank, a former talent agent who’d worked at the Men In Black star’s Overbrook Entertainment, is articulating a view that’s clearly shared by his MaC Venture Capital cofounders, Marlon Nichols and Adrian Fenty. Case in point: Fenty -who served as mayor of Washington, D.C. from 2007 to 2011-described his approach to deal flow with fervor. He’s not sure any VC worth their weight in LP money “ever relaxes.”
Read the full story: fortune.com
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