Welcome Visitor Saturday, May 18, 2024
Update: VGT's Yarbrough investing along twin paths
Comment Print

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. ♦

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

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: