Charlie O’Donnell and Alex Lines close out 2007 by announcing a new set of angel investors for Path 101, their “career discovery” startup. The roundup:• Allen Reed, former CEO of GM Asset Management, current Goldman Sachs consultant.
• Charles Froland, CEO of Performance Equity Management, a private equity fund of funds spun out of GM.
• Larry Rusoff, MD at Performance Equity
• Jay Rand, co-chair of Manatt’s Venture Capital and Technology Practice Group
• Matt Blumberg, CEO of Return Path
This is second leg of a same round Charlie first announced in November; at that time, our understanding was that he was looking to raise $350,000, and we guessed that the company would be valued at $2 milion – $3 million.
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