After 20-plus years, thrill of the hunt continues to fuel investment firm

Ballast Point Ventures has a knack for launching new investment funds at counterintuitive times. Opening the checkbook when others are pulling back has proven to be effective.


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  • | 9:00 a.m. March 14, 2023
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Drew Graham, Paul Johan, Matt Rice, Robert Faber and Sean Barkman have lead Ballast Point Ventures.
Drew Graham, Paul Johan, Matt Rice, Robert Faber and Sean Barkman have lead Ballast Point Ventures.
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After founding Tampa-based Ballast Point Ventures in mid-2001, Paul Johan and his peers were ready to travel the country to raise money for their venture capital firm and tell their story to wealthy individuals and institutional investors. The hiccup? The economy was sagging and their initial fundraising trip was canceled because of the Sept. 11 terrorist attacks.

But Johan said the team was resolute: their firm had a story to tell, and they knew the economy in the Southeast would bounce back. It was a story they would often tell during lean times.

 

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