Culture

Need Funds? Google's Got $100 Million in Venture Capital For You

by Truemorist | March 30, 2009 at 07:16 pm

871 views | 25 Recommendations | 7 comments

Oh sure, you might say, the economy is in freefall, layoffs are staggering, and no one has any money. And for the most part you'd be right.

But what about that not-so-quiet giant of the internet — that "be no evil" monolith that's become its own verb: what about Google?

As it turns out, the ol' Googlopolis has got money to burn. And not just a few cyberbucks or Second Life Linden dollars, this is cold hard cash.

In fact, Google's so in-the-money that it's getting set to launch a $100 million venture capital fund.

Now you've got no excuses. If your failed web startup is flat broke, you can always hit up big brother GOOG for a loaner.

Getting googled could take on a whole new meaning.

0 See all footage | View Slideshow

Share: email story | add to any | | facebook | stumbleupon

recommend Sign In or Join to post comments

eightdots (not verified)

at 19:46 on March 30th, 2009

Venture capital normally apply to existing business. Unless you have some really great ideas then what you need is angel fund.

Venture capital will need to evalutate your existing business which you're running to see the potential of your business in future. If they find it interesting and have big potential, they'll put in the capital for you to further expand your business. They'll also try to look at the liquidity of the business so that it would be easier for them to sell off the shares and get to the next potential business.

Not easy to get the $100M.

kenwei

at 19:53 on March 30th, 2009

any partnership needed to expand your business to southeast asia?

dysamoria

at 08:33 on March 31st, 2009

what about my "get justice for the countless ways in which my civil rights have been violated" fund? will they support that?

(it being non-existent, like the government agencies and rights groups i've already contacted and been ignored by)

Rod Wue (not verified)

at 12:11 on April 3rd, 2009

Most industry analysts seem to agree that this so called venture capital fund is simply a way for Google to make an end run around wary investors who may have reservations about some ideas that could be percieved as being more "research\proof of concept" related.

I think this makes alot of sense. The article above does not mention that most of that money is to come from outside of Google.

kishore bhagwani (not verified)

at 23:35 on April 24th, 2009

i have small business of elctronics and mobiles , i want to be open big showroom of elctronics if you are intrested just mail me .

Oikos (not verified)

at 06:43 on May 22nd, 2009

I really need help from anyone who blessed to come to my aid . I need money to Purchase equipment for Palm oil productions for export and local comsuption. This is the means to raise money for my family. Thank you .

SUJAY.H.A. (not verified)

at 05:39 on June 9th, 2009

I AM SUJAY.H.A. PROPRIETOR OF M/S SRI GURU RAGHAVENDRA EBTERPRISES BANGALORE. I WOULD REQUIRE MORE FUNDS FOR MU EXPANSION OF BUISBESS.I AM INTO TRADING OF CHEMICALS, METALS, EQUIPMENTS ETC. I WOULD REQUIRE APPOROXIMATELY 5 CRORES INDIAN RUPEE VALUE. IF YOU HAVE ANY CLARIFICATIONS WITH REGARD TO THIS THEN YOU CAN CONTACT ME ON 91-09880510834/09632584927.