1999 was the final year of a dynamic millennium, a year with memorable national and global milestones. It was the year of U.S. tragedies, both man-made (a horrific Columbine school shooting and Fort Worth church bombing/shooting), and natural (via devastating CAT 5 tornado in Oklahoma City). It was the year the U.S. Women’s soccer team won the World Cup and the The Great One (Wayne Gretsky) retired from the NHL. It was also the year Bonsal Capital was formed, as Frank Bonsal Jr. began the multi-year wind down of his 25 year full-time role as General Partner and co-founder of one of the world’s most successful venture firms, New Enterprise Associates, better known today as NEA. And, although we didn’t deem it then as such, it was the year we began a mission-driven investment thesis in education.
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