VCJ Fact Sheet for Patrick Hopf
Education: BS in Business from the University of Minnesota; MBA from the University of Virginia.
Career Path: Pat started out in 1973 as an investment analyst covering consumer-related companies for Capital Research Co. In the early 1980?s, he became chairman and CEO of restaurant franchiser Family Entertainment Centers Inc. After that company went bankrupt in 1984, Hopf moved to T. Rowe Price, where he led venture capital activities. In 1988, he agreed to launch an independent venture arm for St. Paul Fire & Marine Insurance Co. He has been with St. Paul Venture Capital ever since. In the spring of 2002, he relinquished his role as managing general partner, but remains a partner. Venture focus: Consumer; Retailing; EducationPortfolio Companies: Cool Cuts 4 Kids; Garden Fresh Restaurant Corp.; N.W.W. Customer Service Cos.; and Select Comfort Corp.
Personal: Married. Has four children.
Greatest Accomplishment: Building St. Paul Venture Capital up from a start-up into a firm with over $3 billion in committed capital.
Biggest Mistake: Not selling enough stock nor diversifying enough when he was an entrepreneur.
Did You Know? His favorite movie is E.T., and he owns and E.T. replica. He also owns a Ms. Pac-Man machine.
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