NetJets' first fatal crash kills Capital Factory founder Joshua Baer in Texas
By
Alex Crippen
Summary
A NetJets private plane crashed onto a highway in Laredo, Texas, killing Joshua Baer, the 50-year-old founder of Capital Factory, a prominent Austin-based VC firm specializing in tech startups. This marks NetJets' first fatal crash in its history. NetJets has declined to speculate on the cause of the crash, emphasizing that safety is their top priority. The article is part of the Warren Buffett Watch newsletter, covering Berkshire Hathaway's NetJets subsidiary.
Source
Key quotes
· 3 pulledSafety is, and has always been, the foundation of NetJets.
NetJets says it will not speculate on what caused one of its planes to crash onto a highway in Laredo, Texas late Tuesday, killing a prominent tech entrepreneur.
Joshua Baer was the 50-year-old founder of Capital Factory, a VC company in Austin that specializes in tech startups.
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