Venture Capitalist Charged in Hit & Run

Timothy Biro, managing partner of Cleveland-based VC firm Ohio Innovation Fund, has been charged with vehicular homicide. Police allege that Biro ran over a bicyclist on Tuesday night, and did not stop until being pulled over several miles away. They add that he had a small amount of alcohol in his system, but not above the legal limit.

Biro reportedly told authorities that he had thought he hit a pothole.

The Ohio Innovation Fund’s website has been stripped of all but its logo, as of late Wednesday night. A cached version, however, says that Biro also has served as a general partner with Reservoir Venture Partners, and in “operations management” with Merck & Company.