If you seek a pleasant investment environment
Crain's Detroit Business - May 15, 2006 - Steve Jurvetson sees the same advantage in Michigan’s dominant industry, despite its struggles.
"The economics are dramatic. There are a lot of dollars out there to be saved," said Jurvetson, managing director of California-based Draper Fisher Jurvetson, which has $1.7 billion under management in eight funds. "Automotive is a big sector, and it's been ignored."
Draper Fisher has teamed up with Ann Arbor-based RPM Ventures to invest in XTime Inc., a San Mateo, Calif.-based software company that targets auto dealers.
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