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Update: VGT's Yarbrough investing along twin paths
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VGT's Jon Yarbrough

As previously reported by VNC, Smyrna-based Video Gaming Technologies founder and CEO Jon Yarbrough is still aiming to invest roughly $100 million in other ventures, during the next five years.

Yarbrough told VNC yesterday that, in keeping with his plans, VGT has thus far invested perhaps $10 million strategic investments in his current industry. He did not disclose the nature of those investments.

He also said he plans to recruit a "private investment director" that will allow VGT to "pick up the pace and diversify into other industries." Yarbrough invited investment professionals interested in the position to write him via jon.yarbrough@vgt.net

In addition, Yarbrough said, he plans to invest personally through a family office he is establishing. ♦

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Tags: 2nd Generation Capital, angel investors, entertainment, family office, gaming, Jon Yarbrough, private equity, venture capital, VGT, Video Gaming Technologies


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