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Raising capital with Cowtown Angels is a good move for early-stage companies.
ENCORE VISION EXITS FOR
$465M
Encore Vision was founded by Bill Burns, a former Alcon executive, who set up shop at TechFW. “Encore Vision is the first Cowtown Angels investment to be sold, and it’s a home run!” said Mike Butts of Cowtown Angels in a statement.
Bios Partners invested $3.7 million into Encore Vision and was its largest single largest shareholder, said Les Kreis, who co-manages the fund and served as an Encore director. About eight other Cowtown members invested the other $300,000.
“In order to continue to enjoy the unique culture that is Fort Worth, we must create jobs, and, to create jobs, we must invest. Cowtown Angels facilitates the conversation between bright ideas and funding.”
-JAN N., COWTOWN ANGELS FOUNDING MEMBER
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202 QUESTIONS INVESTORS NEED TO ASK BEFORE INVESTING IN A STARTUP
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