New business development puts a twinkle in our Wharton-adjacent eye. So we were jazzed to read in Curbed Philly that a big VENTURE CAPITALIST firm is headed to the former bowling alley and current Keswick cycle building at 40th and Locust. The firm, called First Round Capital, is moving into University City from Conshohocken (which is crazy cuz why would anyone leave Conshohocken?!) and will set up shop in September. We wish them the best of luck doing all those things that venture capitalists obviously do!
According to Curbed, Mayor Nutter has called the impending arrival of First Round Capital “a game-changer,” probably because the cool-cat capitalists will be moving in next door to the new ramen bar and money and Japanese food are two of the MOST delicious things out there.