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Google Ventures Launches
By: Andy Beal 2009-03-31 If youre a start-up thats making moves despite the recession, Google wants to hear from you. Specifically, Google Ventures"the newly... ...launched venture capital arm of the search giant"wants to hear from you. Google Ventures has around $100 million to invest and is interested in "early stage investments across a diverse range of industries, including consumer Internet, software, clean-tech, bio-tech, health care""basically any hot company seeking seed finance. According to the NYT, Google Ventures has already made two investments:
Now, before you go sending big brother your killer business plan, keep in mind that"like most VC firms"youre practically giving Google Ventures the right to steal your idea and not pay you a penny. Note the disclaimer language on the site (emphasis added):
In other words, send us your business plan but if we dont invest and instead launch a competing service, youre, er, SOL buddy. CommentsTag: Google, Ventures, SEO Add to Del.icio.us | Digg | Reddit | Furl Have a bookmark! -
About the Author: Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian. You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com. |
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