LiveOak Venture Partners sees plenty of opportunities in the Lone Star State.
LiveOak Venture Partners founders Ben Scott, left, Krishna Srinivasan, and Venu Shamapant see big opportunities in early-stage Texas startups.The investment firm has focused on Lone Star State startups and plans to use its new $105 million fund to back more of them.
Srinivasan and Shamapant are two of the founders of LiveOak Venture Partners, an Austin, Texas, based investment firm that focuses on startups in the Lone Star State. Last month, the firmfor its second fund, which it plans to invest in nascent Texas tech companies. Part of the reason why LiveOak is bullish on the local market is because the tech ecosystem in Texas has matured and the state offers some big advantages, Srinivasan said.
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