Tech Cash Pours Into Food Start-Ups
There is a frothy new deal in Silicon Valley, and it gives a taste of where some investors are pouring money these days.
A group of well-known technology investors has bought a $20 million controlling stake in Blue Bottle Coffee, a specialty coffee retailer that is gaining fame among the Bay Area’s hipsters. Among the group: Tony Conrad, a partner at True Ventures, Google Ventures, Twitter Inc. co-founder Evan Williams, and Kevin Rose, the founder of the Digg Web site.
