Bowery Capital

Bowery Capital is a venture capital firm founded by AOL Ventures co-founder Mike Brown Jr.
Background
Bowery Capital is a venture fund focused on enterprise start-ups that have a significant technology or marketing focus. Brown, who had previously invested Richard Branson's money at Virgin Group, raised the idea of a new firm with AOL executives in April 2012. He began raising the fund in October and launched in May 2013.
The fund looks to invest in early stage start-ups and seeks to add value through its tight network and focus. The investment team includes Nic Poulos and Keegan Forte, also formerly of AOL Ventures. Other partners are Sailthru founder Neil Capel, Codecademy founder Zach Sims, Premise Data founder David Soloff, and Google executive Adam Smith.
Bowery Capital aims to "transform the way corporations spend money on marketing and technology." Brown believes that as digital natives grow older and become chief marketing officers and chief technology officers, they will favor newer technologies over incumbents.
President's Club
In July 2013, Bowery Capital announced an annual weekend retreat for the best employees at startups in its portfolio. Inspired by the President's Clubs that large corporations hold, this joint initiative with AOL Ventures is meant to motivate employees and recognize hard work. Portfolio companies such as Sailthru and Crittercism have announced their intent to participate.

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