By Dan Primack, Fortune
“FORTUNE — El Dorado Ventures is kaput, after 27 years of investing in early-stage companies. But two of its partners hope to continue working together, on a new platform that they’re calling Icon Venture Partners.
Fortune has obtained confidential fund offering documents for Icon, which is seeking to raise $80 million for its debut fund (with a $100 million cap). The first $5 million would come from co-founders Charles Beeler (Menlo Park, CA) and Jeff Hinck (Minnetonka, MN), while another $15 million would come from Icon’s large group of venture partners and advisors.”