Google Ventures To Seed Companies While Others Stopped

Mar 31, 2009 - 7:37 am 0 by
Filed Under Misc Google

Google VenturesI deal with many start up companies, in my line of work and I have noticed these start ups have been struggling raising capital for their ideas since the recession began.

Google just announced the launch of Google Ventures. Google Ventures is Google's new venture capital fund. Google said:

Economically, times are tough, but great ideas come when they will. If anything, we think the current downturn is an ideal time to invest in nascent companies that have the chance to be the "next big thing," and we'll be working hard to find them. If you think you have the next big idea, or if you just want to to learn more, please see our website at www.google.com/ventures.

Will it be easy for Google to give you venture capital money? I doubt it. But it is nice to see them making this arm more official.

Forum discussion at WebmasterWorld.

 

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