invest

Wed
01
Apr
Dennis Faas's picture

Google Invests $100M in Startups Despite Recession

Google will invest a whopping $100 million in start-up companies over the next 12 months, and says a recession is an ideal time to invest in firms that could someday make it big. The money comes from a scheme titled Google Ventures, which aims to ... combine the firm's technical knowledge and financial resources with the creative ideas of new companies. The firm says it will focus on industries including "consumer Internet, software, clean-tech, bio-tech, health care" and others. (Source: theregister.co.uk and nytimes.com ) Google says there's no reason not to invest during an economic slowdown ... (view more)

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