Steve Case, a-o-l’s co-founder, announced monday that his revolution ventures fund is looking for entrepreneurs who are trying to build technology companies outside Silicon Valley. the fund plans to invest up to 10 million dollars in each startup, with a total investment of 2 hundred million dollars. revolution ventures fund will hold a stake in each company in exchange for the investments.
ideas submitted from Silicon Valley won’t be excluded, but Case is looking to direct 90 percent of the money to entrepreneurs living outside the San Francisco Bay Area.
