A2: Gubernatorial Race

The Detroit Free Press looks at Rick Snyder’s investments as a venture capitalist. Snyder, the Ann Arbor businessman and GOP candidate for governor, operated two firms – Avalon Investments and Ardesta, both based in Ann Arbor. From the report: “What happened to Ardesta and Avalon is key to understanding Snyder’s most recent business experiences in Michigan. The performances of these investment vehicles show that the Republican gubernatorial candidate’s business track record has been mixed. While Avalon proved to be a big success, Ardesta has struggled.” [Source]