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Venture Capital Surges To Record Levels

FUNDING: Companies raises double in a year

Orange County once again wasn’t as attractive to investors as Silicon Valley, New York or even San Diego.

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Jim Madden

Started HR services firm Exult in 1998 … sold for $900M, 2004, $50M+ payday … ‘worked out really well’ … first fund $180M; has raised $455M … can cut $50M check … investment criteria ‘happy customers’ … competitive sailor: ‘chess on the water’ … first job: selling men’s suits in high school, ‘as part-timer made more than full-timers’ … first car: 1975 Datsun B210

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