Does WARF invest or partner with venture capital funds?
Gulbrandsen: We have a partner relationship with Venture Investors of Wisconsin and Baird Venture Partners. That type of business arrangement is how we invest in faculty start-ups in order to help them. When we think that a company would be a viable investment for us, we want to make sure that they are successful. There are a number of reasons why we do this besides just for a return on our investment. We have criteria for investing directly in start-up companies and it usually involves partners. We don t invest cash directly in technology companies other than buying stock. WTN: Do you invest any dollars outside of Wisconsin? Gulbrandsen: Not directly in companies. We invest in the public equity market and we invest in partnerships with other investors. As I mentioned, we have invested in Venture Investors and Baird Venture Partners in Wisconsin, and when other VC companies doing their fundraising rounds, they knock on our doors. We ll do the diligence like we do with the others. Like
