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Fortune
Fortune
Jessica Mathews

Inside VC Mark Kvamme's second big bet—on Ohio

(Credit: Courtesy of Drive Capital)

The next phase of Mark Kvamme’s career officially starts this week.

The ex-Sequoia venture capital veteran, who announced near the end of last year that he would step back from the venture capital fund Drive Capital that he co-founded a decade ago, is planning to debut a new $500 million investment fund at an invite-only event in Cleveland tomorrow evening, according to two people familiar with the matter and an invitation for the event seen by Fortune.

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