Capital Factory President Bryan Chambers said in a statement: 'Josh was a fearless leader, a brilliant partner, and a dear friend to so many of us. While we are devastated by this unimaginable loss, Josh built an incredibly resilient organisation and a deeply capable team. Capital Factory remains fully operational, and we are completely committed to continuing his mission of backing unstoppable founders.'
Capital Factory added that out of respect for Baer's family and the active investigation into the crash, the company would not comment further. The NTSB is expected to retrieve the aircraft's flight data recorder and cockpit voice recorder as part of its ongoing inquiry into the cause of the crash.
