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Google Ventures

Posted Under: Announcement, Capital, Financing, Small Business, Startup

Good News!!! Google has launched its much awaited venture fund to start directly investing in startups instead of just flat out buying them. The concept is brand new and hence nothing can be said about it yet however, here’s what Google says about it:

“Google Ventures seeks to discover and grow great companies – we believe in the power of entrepreneurs to do amazing things. We’re studying a broad range of industries, including consumer Internet, software, hardware, clean-tech, bio-tech and health care. We invest anywhere from seed to mezzanine stage and embrace the challenge of helping young companies grow from the garage to global relevance. Our team includes entrepreneurs, investors and innovators, along with some 20,000+ exceptional Googlers whose breadth of knowledge, experience and creativity constitute perhaps our own most valuable resource. You don’t have to be a potential Google acquisition for us to want to work with you; we’re out to build great companies, period. We look forward to learning whether yours is one of them.”

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Source: http://www.google.com/ventures/index.html

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