Billionaire Jeff Vinik doubles down in Tampa Bay’s ecosystem
This is the sort of announcement most communities would love to hear. Jeff Vinik, a Tampa Bay billionaire with ownership of several professional sports franchises and one of the investors in the new “Rise of the Rest Fund,” has announced plans to spearhead the creation of a $50 million venture fund, build-out a 40,000- to 75,000-square foot innovation hub, and take a major equity stake in the startup accelerator DreamIt. Not a bad day of announcements for the city. Read more about his plans here.