The second largest VC shareholder is a little-known firm called MHS Capital, who got a huge stake in the company as its seed investor at a time when nobody else saw the potential, Partovi shared with us.(Disclosure: Mark Sugarman, who runs MHS Capital, is also an investor in VentureBeat.)
oPower chief executive Daniel Yates was previously a limited partner in MHS Capital, and before that, both Partovi and MHS managing partner Mark Sugarman had invested in Yates first company, Edusoft. They built up a high opinion of Yates from early on, according to Partovi.
