ACME Capital, run by Scott Stanford and Hany Nada, has $300 million more to invest in early startups
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That the two came together owes to some serendipity. They say they met roughly 16 years ago, when Stanford worked in investment banking at Goldman Sachs and Nada was a managing partner with the cross-border firm GGV Capital, which he cofounded in 2000. Hany was on the board of Glu Mobile, a mobile gaming company that more recently sold to Electronic Arts; Stanford was trying to understand Glu to help Goldman with its broader approach to internet businesses in a post-dot-com world.
