Flatiron Partners Flatiron Partners is a venture capital firm that operates in New York, United States. New York, New York, United States Categories Finance, Financial Services, Venture Capital Headquarters Regions Greater New York Area, East Coast, Northeastern US Founded Date 1996 Founders Charles Lax, Fred Wilson, Jerry Colonna, Peter Himler Operating Status Active Child Hubs Flatiron Partners Portfolio Companies Investor Type Venture Capital Investment Stage Early Stage Venture, Late Stage Venture Number of Exits 15 Website www.flatironpartners.com Facebook View on Facebook In 1996, Fred Wilson co-founded Flatiron Partners with his partner Jerry Colonna. Flatiron, named after the Flatiron District, became a successful, primarily follow-on investment fund in the New York City area, with investments in notable Dot-com bubble successes and failures including Alacra, comScore Networks, Yoyodyne, Geocities, Kozmo.com, New York Times Digital, PlanetOut, Return Path, Scout electromedia, Standard Media International, Starmedia, and VitaminShoppe.com. The firm's 1996 fund capitalized at $150 million with two investors: SOFTBANK Technology Ventures and Chase Capital Partners, the private-equity arm of Chase Manhattan Corp. The firm later raised another fund capitalized at $500 million with Chase Capital Partners as the sole active LP. In 2001, Wilson and Colonna essentially shut down Flatiron (although they still manage what remains of its portfolio). Wilson offered a blunt assessment in July 2005 in Business 2.0, "Yeah, boy, we really screwed up a bunch of things."