Investment Firm Moving into Dogwoods - Plans to Invest $100 Million

The former Dogwood's produce market has been purchased by, and will be occupied by, an investment company called Juvo Capital ( http://goo.gl/xgRQb ), which plans to invest up to $100 million in start-up companies over the next several years.

The general partners of the firm, Talmadge O'Neil and Harry Tsao ( http://goo.gl/mN51w ), are not new to Monrovia, having founded one of the largest firms in Monrovia that few people have ever heard of, Mezimedia.com, which was sold several years ago for about $300 million and is now part of ValueClick.

Full disclosure: I worked with both Talmadge and Harry (nice guys, both) at GoTo.com in Pasadena.

- Brad Haugaard