4:02 PM Google (GOOG) has increased its budget for Google Ventures to $300M/year from a prior $200M/year. Google's VC arm, which invests in everything from alternative energy to mobile apps, has made some moderately successful investments such as HomeAway, but hasn't yet funded a smash hit on the level of a LinkedIn or Workday. Ventures is taking an unconventional tack towards VC, relying heavily on data to make investment decisions and throwing Google's vast resources behind portfolio companies. (Read the comments on this)
See more Market Currents on Tech
Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.
Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following GOOG: unsubscribe from all GOOG email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on GOOG
To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.
Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001
No comments:
Post a Comment