Tuesday, March 31, 2009

Google Launches Venture Capital Firm

Google has launched a new Venture Capital firm called Google Ventures.  Google says that this new venture firm will fund startups in many different industries, and will do many different types of funding from seeding to full partnerships.  They also say that they will fund and partner with companies that already have other partners.  This seems like an interesting way for them to have exposure to new growth and ideas, while not necessarily acquiring new companies.  It also means that some very lucky businesses will get backing from Google's empire.  I imagine that claiming that Google is a main supporter of your company will go pretty far in helping you make business deals just about anywhere.

Check it out.  The site is pretty simple for now, but I wouldn't put it past them to add more features in the future: http://www.google.com/ventures/index.html

Tijs Limburg
Chairman and CTO of DMX - Digital Media eXceleron, Inc.
Get eXcited!
www.dmxed.com

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The "Don't Tread on Me" Flag: The First Navy Jack is enjoying renewed popularity these days thanks to an order from the Secretary of the Navy that directs all U.S. Navy ships to fly the First Navy Jack for the duration of the War on Terrorism.

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