by Stephen Shankland
As expected, Google launched Google Ventures on Monday, following other Silicon Valley firms with a division to invest in promising start-ups.
"This is Google's effort to take advantage of our resources to support innovation and encourage promising new technology companies," said Google Ventures managing partners Rich Miner and Bill Maris in a blog post announcing the effort. "By borrowing the best practices of top-tier, financially focused venture capital firms and bringing to bear Google's unique technical expertise and brand, we think we can find young companies with truly awesome potential and encourage their development into successful businesses." (more)
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment