Three Arch Partners
Fogarty, along with Mark Wan and Wilfred Jaeger, co-founded a venture capital firm called Three Arch Partners in Portola Valley, California, in 1993. Wan and Jaeger both had noteworthy experience in the venture capitalism field, but it was Fogarty’s prestige that caused the firm to grow.
Three Arch Partners focused on early stage medical device companies and has helped with the growth of more than fifty new healthcare companies. It manages over one billion dollars in capital.
In 2004, however, Fogarty was fired from the firm. He was let go due to issues pertaining to the amount of time Fogarty devoted to the firm. His time spent teaching, making wine, and working Fogarty Engineering, Inc. contributed to this decision. “It’s like giving birth to a child, but then having to leave it behind, which is hurtful, but I’ve been kicked of better places than, and I wouldn’t say that I wish them well.”
Read more about this topic: Thomas J. Fogarty
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