Clif Bar Founders Get Into Venture Capital The founders of Clif Bar set out to fund more altruistic success stories with their venture capital firm White Road investments.
By Matt Villano •
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Gary Erickson and Kit Crawford, co-owners and co-CEOs of Emeryville, Calif.-based Clif Bar, built a reported $340 million business selling energy bars and other healthful snacks. In 2008 the duo launched White Road Investments, a venture capital firm bankrolling businesses that value sustainability and community involvement.
We caught up with Deven Clemens, managing director of White Road and senior director of corporate finance at Clif Bar, to learn what makes a startup attractive to him.