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Google Launches VC Funding Company

Google today announced its latest venture: Venture capital funding.

The company announced via its blog that it will be establish a venture capital fund company, the imaginatively named Google Ventures. Explaining that good ideas don’t pay heed to economic downturn, the company explained that it is looking for and eager to help develop exceptional start-ups, focusing on early stage investments.

Google will be focusing on a various different industries including consumer internet, software, clean-tech, bio-tech, health care and, the all encompassing “other areas we haven't thought of yet.”

While Managing Partners of Google Ventures Rich Miner and Bill Maris played up how much Google just wants to invest in great ideas, we can’t help but get that “giant lasers and plan for world domination” feeling about this. Let's just say we wouldn’t be the least bit surprised if Google provided venture capital for a small start up, only to buy that same company a couple of years later.

What are your thoughts on this? Is this Google investing or is it Google perusing for future buyouts? Leave your thoughts below!

 (Via Google Blog/Google Ventures)

  • bornking
    I have a perfect business for them. I am in the solar industry and wish they would pay attention to the small guys with big ideas on how to save money in this industry!

    We (small guys) think big, and I think Google knows that best.
    Reply
  • JMcEntegart
    You should email ventures@google.com if you have an idea that you'd like them to provide venture funding for. :)
    Reply
  • teh_boxzor
    future buyouts!!! Its genius really. go google. make yourself big and monopolize everything!
    Reply
  • Airrax
    bornkingI have a perfect business for them. I am in the solar industry and wish they would pay attention to the small guys with big ideas on how to save money in this industry!We (small guys) think big, and I think Google knows that best.

    I hope it involves black silicon...

    Anyway, to me this does sound like a good idea. Google, although they seem almost Big Brother like, seems to have a vast interest in furthering technology vs. furthering their pocketbook. I'd rather have an investor worried more about advancement over pure return.
    Reply
  • bornking
    It does not involve black silicon as we do not require any particular solar panel technology for our business model. Any high efficiency solar panel will do, including CPV such as SolFocus.

    I emailed them a polite note asking if they are interested in future talks but will not tell them details without an NDA signed!

    Neither should any of you give away details without signing NDA's!
    Reply
  • nekatreven
    Makes me want to email them a bunch of schemes about generating legitimate traffic and making money off of adwords. Something tells me they wouldn't be down with that. :)
    Reply
  • neiroatopelcc
    JMcEntegartYou should email ventures@google.com if you have an idea that you'd like them to provide venture funding for.Ou! you look .... prepresentable. Single by any chance?
    Reply
  • neiroatopelcc
    representable ofc .... oh well. no edit.
    Reply
  • JMcEntegart
    Because looking like I do, in the industry I'm in, I'd have to settle for a man that refers to me as presentable? Hard luck mate. I'm afraid it takes a higher class of compliment to win me over.
    Reply
  • neiroatopelcc
    JMcEntegartBecause looking like I do, in the industry I'm in, I'd have to settle for a man that refers to me as presentable? Hard luck mate. I'm afraid it takes a higher class of compliment to win me over.I'd be able to offer such required higher class of compliment by all probability, but I am too honest to hand out compliments that I'd have to invent. Let me get to know you though, and I'm sure I'll find something more appropriate.
    Reply