Google ventures into startups
Google the online search giant has launched Google Ventures, a new venture capitalist fund. The fund reportedly will start with $100 million in financing. Google is looking to fund start-ups in industries including consumer Internet, software, hardware, clean-tech, bio-tech, health care and other areas we haven’t thought of yet.
Google Ventures will be headed up by Rich Miner and Bill Maris. Rich joined Google through the acquisition of Android, a mobile platforms company that he co-founded. “This is Google’s effort to take advantage of our resources to support innovation and encourage promising new technology companies. By borrowing the best practices of top-tier, financially focused venture capital firms and bringing to bear Google’s unique technical expertise and brand, we think we can find young companies with truly awesome potential and encourage their development into successful businesses,” said Rich and Bill
Google’s investment will depend on what stage your company is at. Anywhere from seed funding to millions.
“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.” Said Rich and Bill
I find it amazing that a little over ten years ago Google got a $100,000 investment, and now it is offering $100 million to fund other startups. If you would like to be considered for funding email ventures@google.com. They are looking for no more than 20 slides or three type-written pages.
Good Luck.
Source [ Google Blog, Marketwatch]
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Sincerely,
Allison Cousins—CEO & Founder
cousinsproducts.com
Home of Creole Tomato Salad Dressing
I am trying to get information on getting on to the show with my product its a hand held pitching machine. There is nothing like it on the market, the market is huge for my product I need HELP! I can somebody help I don’t know what to do is to late for this season.
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Now that I have my wheelchair plow I cant emagine living without it .The extra freedom I have to me is incredible.I know there are tens of thousands of people that would benefit and enjoy life so much more.In the summer time I use the plow to clear trails and make new pathways for my chair.I put sharp searaded blades on the leading edge and use it to clear weeds and brush.The posabilitys are endless. The plow I am refering to is and started out to be a wheelchair snowplow attachment. Google it wheelchair snowplow or snowplowing wheelchair After being stranded inside my home after a big snowstorm I promised myself that this would never happen again. Now I say let it snow let it snow let it snow I cant weight bring it on LOARD Im ready! Charlie Thomas charliesfleet@hotmail.com
Peter Mladen November 1st 2009
I watched Inventors and Investors working on new ideas, the beauty of this is that the trust is there and the technology is groing.
PDS TechnologyLLC have a Remote Control Smoke /CO Smoke Detector and we are looking for investors or partner to work with us and to phring this product in a market it will save a millions of people’s.
People do not have to take the battery from smoke detector no more.
PDS Technology LLC, Peter Mladen CEO & Founder