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OHIO JOBS AGENCY-EX-OFFICIAL
Records: Ex-JobsOhio chief's $50M investment first pitched to Ohio State before he left job
Reported by: Associated Press
Reported: Friday, November 1, 2013 3:47 PM EST
Newly released records show the private venture capital fund co-founded by former JobsOhio chief Mark Kvamme first approached Ohio State University before Kvamme stepped aside from his state-related job-creation role.
Documents released Friday in response to a public records request showed fund co-founder Chris Olsen had met with university officials by Oct. 26, 2012. Kvamme left JobsOhio effective Nov. 1, 2012.
The investment has raised concerns because of the ties of Kvamme and then-Ohio State President Gordon Gee to Gov. John Kasich (KAY'-sik).
A university vice president says Drive Capital approached the university in the normal course of business. Geoff Chatas (CHA'-tuhs) said the first meeting occurred before the fund was launched.