Capital Factory CEO Killed in Private-Jet Crash in Texas (1)

Joshua Baer, the founder and chief executive officer of the venture capital firm Capital Factory, died Tuesday in a plane crash in South Texas, the Austin American-Statesman reported.

Baer, a major player in the Texas technology and startup space, was traveling from San José del Cabo, Mexico, to Austin on a business jet with six people on board when it went down on a highway near Laredo at about 10 p.m. local time. Police said there was only one fatality from the crash of the Cessna Citation Latitude, which was operated by NetJets.

“Joshua was a fearless leader, ...