<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>AllThingsD &#187; Googlers</title>
	<atom:link href="http://allthingsd.com/tag/googlers/feed/" rel="self" type="application/rss+xml" />
	<link>http://allthingsd.com</link>
	<description></description>
	<lastBuildDate>Sat, 11 Feb 2012 15:49:25 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
<atom:link rel="hub" href="http://pubsubhubbub.appspot.com"/><image>
		  <url>http://allthingsd.com/theme/images/logo-rss.jpg</url>
		  <title>All Things Digital</title>
		  <link>http://allthingsd.com/</link>
		  <width>144</width>
		  <height>22</height>
	</image>		<item>
		<title>Google Ventures Sows Seed Funding With New Start-Up Lab (Video Tour)</title>
		<link>http://allthingsd.com/20110212/google-ventures-sows-seed-funding-with-new-startup-lab-video-tour/</link>
		<comments>http://allthingsd.com/20110212/google-ventures-sows-seed-funding-with-new-startup-lab-video-tour/#comments</comments>
		<pubDate>Sat, 12 Feb 2011 15:00:02 +0000</pubDate>
		<dc:creator>Liz Gannes</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[Bill Maris]]></category>
		<category><![CDATA[Craig Walker]]></category>
		<category><![CDATA[David Krane]]></category>
		<category><![CDATA[entrepreneurs]]></category>
		<category><![CDATA[featured post]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Ventures]]></category>
		<category><![CDATA[Google Voice]]></category>
		<category><![CDATA[Googlers]]></category>
		<category><![CDATA[GrandCentral]]></category>
		<category><![CDATA[HomeAway]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Larry Page]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[LawPivor]]></category>
		<category><![CDATA[Liz Gannes]]></category>
		<category><![CDATA[NetworkEffect]]></category>
		<category><![CDATA[OpenCandy]]></category>
		<category><![CDATA[Q&A]]></category>
		<category><![CDATA[Smallbiz Feature]]></category>
		<category><![CDATA[Startup Lab]]></category>
		<category><![CDATA[VCs]]></category>
		<category><![CDATA[venture capitalist]]></category>
		<category><![CDATA[Y-Combinator]]></category>

		<guid isPermaLink="false">http://networkeffect.allthingsd.com/?p=3508</guid>
		<description><![CDATA[As incoming CEO Larry Page seeks to recapture Google's entrepreneurial spirit, Google Ventures thinks it's in for a year of expansion and support from its corporate parent.]]></description>
			<content:encoded><![CDATA[<p>As incoming CEO Larry Page seeks to recapture Google&#8217;s entrepreneurial spirit, <a href="http://www.google.com/ventures/">Google Ventures</a> thinks it&#8217;s in for a year of expansion and support from its corporate parent.</p>
<p><a href="http://networkeffect.allthingsd.com/files/2011/02/GoogleVentures.png"><img class="alignright size-thumbnail wp-image-3512" title="GoogleVentures" src="http://networkeffect.allthingsd.com/files/2011/02/GoogleVentures-150x150.png" alt="" width="150" height="150" /></a>The VC arm, which gets $100 million from Google each year to invest as it sees fit, wants to give more early-stage companies seed funding, and to that end has taken over an enormous Google-owned building in Mountain View, Calif., and started filling it with companies. The space is mostly empty; there are just about 20 people working there now.</p>
<p>Google Ventures Partner David Krane took us on a tour of the Startup Lab, which opened in October and is currently occupied by start-ups like <a href="https://www.lawpivot.com/">LawPivot</a> (legal Q&amp;A) and <a href="http://www.opencandy.com/">OpenCandy</a> (software discovery), a product group from the vacation rental roll-up company <a href="http://www.homeaway.com/">HomeAway</a>, and the yet-to-be-launched company of GrandCentral (now Google Voice) founder Craig Walker (which Google Ventures hasn&#8217;t invested in yet, though it&#8217;s made Walker an entrepreneur in residence).</p>
<p>The companies each pay $5 per month for as much space as they need, filled with recycled furniture from AdMob. They get a ping-pong table, free bikes and a microkitchen filled with snacks, courtesy of Google. They also added their own barbecue for the universal getting-to-know-you activity of grilling meat.</p>
<p>&#8220;This is not to be thought of as any sort of curated environment,&#8221; Krane said, anticipating the are-you-copying-Y-Combinator question. &#8220;This is merely work space.&#8221;</p>
<p>Krane said he mostly leaves the companies at the Startup Lab alone, stopping by about once a week. Google Ventures occupies its own floor of a building over on the other side of campus, right below Google&#8217;s autonomous car team, and also has offices in New York City, Cambridge, Mass., and Seattle.</p>
<p>Google Ventures has made about 30 total investments to date, with one exit: <a href="http://mediamemo.allthingsd.com/20101012/game-on-dena-buys-iphone-developer-ngmoco-for400-million/">Ngmoco to DeNA</a>. Just last week, it closed its first deal with a company led by former Google employees, the Web security provider <a href="http://www.dasient.com/about/leadership/">Dasient</a>.</p>
<p>It&#8217;s kind of crazy that a two-year-old venture firm with a staff of about 20 former Google employees wouldn&#8217;t have stumbled into investing in a former Googler&#8217;s company before now. And this is at a time when Google is fighting a talent war against its own employees&#8217; entrepreneurial urges, which often lead them to join younger companies or start their own.</p>
<p>Krane said to expect more deals with former Googlers as Google Ventures &#8220;will do substantially more than 30 deals&#8221; this year.</p>
<p>&#8220;We don&#8217;t advocate or want people to leave Google,&#8221; Google Ventures Partner Bill Maris said, &#8220;but if someone has the entrepreneurial bug at that exit interview&#8230;&#8221;</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=6CB09CF3-4CAC-43E7-8803-15A2BF58586E&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={6CB09CF3-4CAC-43E7-8803-15A2BF58586E}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20110212/google-ventures-sows-seed-funding-with-new-startup-lab-video-tour/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Send Someone You Love the Gift of Google Tech Support</title>
		<link>http://allthingsd.com/20101213/send-someone-you-love-the-gift-of-google-tech-support/</link>
		<comments>http://allthingsd.com/20101213/send-someone-you-love-the-gift-of-google-tech-support/#comments</comments>
		<pubDate>Mon, 13 Dec 2010 21:08:47 +0000</pubDate>
		<dc:creator>Voices</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Voices]]></category>
		<category><![CDATA[20 percent time]]></category>
		<category><![CDATA[20% time]]></category>
		<category><![CDATA[care package]]></category>
		<category><![CDATA[Chat]]></category>
		<category><![CDATA[Christmas]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[directions]]></category>
		<category><![CDATA[Drake Martinet]]></category>
		<category><![CDATA[email]]></category>
		<category><![CDATA[engineer]]></category>
		<category><![CDATA[frontpage]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Googlers]]></category>
		<category><![CDATA[holiday]]></category>
		<category><![CDATA[holidays]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Jason Toff]]></category>
		<category><![CDATA[parents]]></category>
		<category><![CDATA[photo]]></category>
		<category><![CDATA[resize]]></category>
		<category><![CDATA[salutation]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[solutions]]></category>
		<category><![CDATA[teach parents tech]]></category>
		<category><![CDATA[teachparentstech.org]]></category>
		<category><![CDATA[tech support]]></category>
		<category><![CDATA[video]]></category>
		<category><![CDATA[virtual]]></category>

		<guid isPermaLink="false">http://voices.allthingsd.com/?p=33904</guid>
		<description><![CDATA[A group of young Googlers (or maybe elves) pooled their 20 percent time and took teachparentstech.org live this morning. The site allows you to send a very user-friendly little email with a holiday greeting and the gift of some simple, directed tech support in the form of a short video. Check it out--you may never have to answer a 2 am phone call about resizing a photo again.]]></description>
			<content:encoded><![CDATA[<p><img src="http://voices.allthingsd.com/files/2010/12/googlebuddy-272x300.png" alt="" title="googlebuddy" width="180" height="200" class="alignright size-medium wp-image-33913" />Google isn&#8217;t always known for engineering the most human-centric solutions, but today it opened the door on something special (and decidedly adorkable) for the holidays.</p>
<p>Head on over to<a href="http://www.teachparentstech.org"> teachparentstech.org</a> and you&#8217;ll find a little Web form, shrouded in faux brown paper, where you can assemble your virtual tech-support care package.</p>
<p>After selecting to whom it should be addressed, you can pick from about 50 very short videos to attach to the message that the form creates. The videos feature fresh-faced Googlers in brightly colored shirts using plain English and screen-capture video to explain how to do things like resize a photo, use Google chat, get driving directions or find the nearest pizza place.</p>
<p><img src="http://voices.allthingsd.com/files/2010/12/Screen-shot-2010-12-13-at-12.52.45-PM-380x205.png" alt="" title="Screen shot 2010-12-13 at 12.52.45 PM" width="380" height="205" class="aligncenter size-Medium380 wp-image-33921" /></p>
<p>And the tech subjects seem to be pretty expertly selected as well (we&#8217;ve been asked to help our parents on more than a few of these specific problems).</p>
<p>After selecting a salutation, the videos you want to send and an appropriate closing remark, the form spits out a page that can be forwarded to the email of the desired tech noob.</p>
<p>We spoke with <a href="http://about.me/toff">Jason Toff</a>, a product marketing manager at Google and the informal leader of teachparentstech. He said that the project was built on the 20 percent time Google gives some staff members to work on separate projects outside of their assignments, and that it was really born out of a need found among his youngish Googley colleagues.</p>
<p>&#8220;The idea of parents needing tech support around the holidays really resonated with our core group of about six people. We just sent some emails out to some internal list serves expecting to get a lukewarm response, and over 50 people responded wanting to be in videos explaining some simple tech,&#8221; Toff said during our phone call.</p>
<p>Toff said there weren&#8217;t any other plans to build out additional products on the teachparentstech domain right now, but he&#8217;s hoping to see how this first thing goes and learn from it.</p>
<p>The site went live as of about 9:30 PT this morning and by noon had sent out over 3,000 virtual care packages.</p>
<p>The one pro tip we got from Toff was that if you care to see all the videos available, maybe to do a power-training session, you can head to <a href="http://www.teachparentstech.org/watch">teachparentstech.org/watch</a> where all the available videos are displayed together.</p>
<p>Now, if only Google would buy up santagr.am and santatracker.com, our very Google holiday would be complete.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101213/send-someone-you-love-the-gift-of-google-tech-support/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>When Good News Is Bad News: Google Reportedly Fires Raise Leaker</title>
		<link>http://allthingsd.com/20101110/some-news-is-bad-news-google-reportedly-fires-raise-leaker/</link>
		<comments>http://allthingsd.com/20101110/some-news-is-bad-news-google-reportedly-fires-raise-leaker/#comments</comments>
		<pubDate>Wed, 10 Nov 2010 22:31:28 +0000</pubDate>
		<dc:creator>Peter Kafka</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Business Insider]]></category>
		<category><![CDATA[CNNMoney]]></category>
		<category><![CDATA[comment]]></category>
		<category><![CDATA[confidential]]></category>
		<category><![CDATA[David Goldman]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[engineer]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[fired]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Googlers]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[leak]]></category>
		<category><![CDATA[leaker]]></category>
		<category><![CDATA[MediaMemo]]></category>
		<category><![CDATA[memo]]></category>
		<category><![CDATA[Peter Kafka]]></category>
		<category><![CDATA[raises]]></category>
		<category><![CDATA[recruit]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[staff]]></category>
		<category><![CDATA[terminated]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://mediamemo.allthingsd.com/?p=25710</guid>
		<description><![CDATA[Google couldn't possibly think it could hand out checks to 23,000 people and keep it a secret. Right?]]></description>
			<content:encoded><![CDATA[<p><a href="http://mediamemo.allthingsd.com/files//2008/11/loose-lips.jpg"><img src="http://mediamemo.allthingsd.com/files//2008/11/loose-lips-214x300.jpg" alt="" title="loose-lips" width="214" height="300" class="alignright size-medium wp-image-1064" /></a>Some corporate memos are confidential.</p>
<p>And some memos are &#8220;confidential&#8221;&#8211;meaning there&#8217;s no <em>real</em> expectation that they&#8217;ll stay within the family.</p>
<p>You&#8217;d assume that Eric Schmidt&#8217;s memo to &#8220;Googlers&#8221; announcing big raises falls in the latter category. If that&#8217;s <em>all</em> Googlers, that&#8217;s some <a href="http://mediamemo.allthingsd.com/20101014/google-q3-beats-earnings-estimates/">23,300 people</a>, so that&#8217;s pretty much the same thing as issuing a press release, right?</p>
<p>But Google thinks otherwise, says <a href="http://money.cnn.com/2010/11/10/technology/google_brain_drain/index.htm?section=money_latest&amp;utm_source=twitterfeed&amp;utm_medium=twitter">CNNMoney&#8217;s David Goldman</a>. He  reports that the company has fired an engineer who passed the information along to <a href="http://www.businessinsider.com/google-bonus-and-raise-2010-11">Business Insider</a> yesterday:</p>
<blockquote class="memo"><p>Within hours, Google notified its staff that it had terminated the leaker, several sources told CNNMoney. A Google spokesman declined to comment on the issue, or on the memo.</p></blockquote>
<p>I&#8217;ve gone ahead and asked Google for comment as well, but I&#8217;m not hopeful. (UPDATE: I can see the future! No comment from Google.) In the absence of one, I&#8217;ll speculate that Google was freaked out that the &#8220;leak&#8221; would cause it problems with Wall Street and/or the SEC.</p>
<p>But again, if that&#8217;s the case, that makes no sense&#8211;you can&#8217;t hand out big fat checks to 23,300 people and keep it quiet indefinitely.</p>
<p>And since the point of the raises is to keep Googlers happy in a hot job market&#8211;and presumably, to help recruit <em>new</em> Googlers&#8211;you&#8217;d think Google would want the &#8220;confidential&#8221; memo distributed. Right?</p>
<p>I gather that some of you agree with Google on this one. Since the company won&#8217;t talk, feel free to make their case for them in the comments below.</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20101110/some-news-is-bad-news-google-reportedly-fires-raise-leaker/feed/</wfw:commentRss>
		<slash:comments>25</slash:comments>
		</item>
		<item>
		<title>Google&#039;s Mission: To Organize the World&#039;s Start-Ups and Make Them Universally Acquirable</title>
		<link>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable/</link>
		<comments>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 17:10:54 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[Bill Maris]]></category>
		<category><![CDATA[biotech]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[clean tech]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[early]]></category>
		<category><![CDATA[econalypse]]></category>
		<category><![CDATA[financial return]]></category>
		<category><![CDATA[fund]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Ventures]]></category>
		<category><![CDATA[Googlers]]></category>
		<category><![CDATA[health care]]></category>
		<category><![CDATA[Health Care Feature]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[Michael Moritz]]></category>
		<category><![CDATA[Rich Miner]]></category>
		<category><![CDATA[Sequoia Capital]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=15724</guid>
		<description><![CDATA[Sequoia Capital partner Michael Moritz often says that the best time to invest is when people are cowering under their desks. Google appears to have taken that message to heart because it’s launching a new venture fund at a time when the VC industry is busy practicing its duck-for-cover exercises.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/google_giant_robot.jpg" alt="google_giant_robot" title="google_giant_robot" width="350" height="190" class="aligncenter size-full wp-image-15726" />Sequoia Capital partner Michael Moritz often says that the best time to invest is when people are cowering under their desks. Google appears to have taken that message to heart because it&#8217;s launching a new venture fund at a time when the VC industry is busy practicing its duck-for-cover exercises. Monday night, the search sovereign announced the creation of Google Ventures, a fund that over the next year <a href="http://www.nytimes.com/2009/03/31/technology/companies/31google.html">will invest $100 million</a> in &#8220;exceptional&#8221; start-ups. A vague category, but one quite in keeping with Google&#8217;s We-Are-The-Champions worldview.</p>
<p>“We’ll be focusing on early stage investments across a diverse range of industries, including consumer Internet, software, clean-tech, bio-tech, health care and, no doubt, other areas we haven’t thought of yet,&#8221;  <a href="http://googleblog.blogspot.com/2009/03/googles-newest-venture.html">Managing Partners Rich Miner and Bill Maris explained in a blog post</a>. &#8220;Central to our effort will be our fellow Googlers, whom we view as a critically important resource to help educate us about potential investments areas and evaluate specific companies.&#8221;</p>
<p>Presumably, then, the scope of the fund&#8217;s investments will be as diverse and, ahem, fascinating as the whims of Google&#8217;s leadership. Which isn&#8217;t always a good thing. That said, Google Ventures may do much to help the company innovate itself out of this downturn and perhaps even spot and engulf the next Google (GOOG) killer before it has a chance to live up to its namesake. As Google Ventures explains in <a href="http://www.google.com/ventures/faq.html">its FAQ</a>, it&#8217;s not above engulfing a company it&#8217;s incubated. “Acquisitions by Google of portfolio companies are possible, but this is not the goal or focus of our investment activities. Our focus is building great companies and generating long term financial return.”</p>
<p>Obviously. But for Google, right?</p>
<p>[Image Credit: <a href="http://ignoranceisfutile.wordpress.com/">Ignorance Is Futile!</a>]</p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Google's Mission: To Organize the World's Start-Ups and Make Them Universally Acquirable</title>
		<link>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable-2/</link>
		<comments>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable-2/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 17:10:54 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[acquisitions]]></category>
		<category><![CDATA[Bill Maris]]></category>
		<category><![CDATA[biotech]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[clean tech]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[early]]></category>
		<category><![CDATA[econalypse]]></category>
		<category><![CDATA[financial return]]></category>
		<category><![CDATA[fund]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Google Ventures]]></category>
		<category><![CDATA[Googlers]]></category>
		<category><![CDATA[health care]]></category>
		<category><![CDATA[Health Care Feature]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[Michael Moritz]]></category>
		<category><![CDATA[Rich Miner]]></category>
		<category><![CDATA[Sequoia Capital]]></category>
		<category><![CDATA[software]]></category>
		<category><![CDATA[VC]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=15724</guid>
		<description><![CDATA[Sequoia Capital partner Michael Moritz often says that the best time to invest is when people are cowering under their desks. Google appears to have taken that message to heart because it’s launching a new venture fund at a time when the VC industry is busy practicing its duck-for-cover exercises.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/google_giant_robot.jpg" alt="google_giant_robot" title="google_giant_robot" width="350" height="190" class="aligncenter size-full wp-image-15726" />Sequoia Capital partner Michael Moritz often says that the best time to invest is when people are cowering under their desks. Google appears to have taken that message to heart because it&#8217;s launching a new venture fund at a time when the VC industry is busy practicing its duck-for-cover exercises. Monday night, the search sovereign announced the creation of Google Ventures, a fund that over the next year <a href="http://www.nytimes.com/2009/03/31/technology/companies/31google.html">will invest $100 million</a> in &#8220;exceptional&#8221; start-ups. A vague category, but one quite in keeping with Google&#8217;s We-Are-The-Champions worldview. </p>
<p>“We’ll be focusing on early stage investments across a diverse range of industries, including consumer Internet, software, clean-tech, bio-tech, health care and, no doubt, other areas we haven’t thought of yet,&#8221;  <a href="http://googleblog.blogspot.com/2009/03/googles-newest-venture.html">Managing Partners Rich Miner and Bill Maris explained in a blog post</a>. &#8220;Central to our effort will be our fellow Googlers, whom we view as a critically important resource to help educate us about potential investments areas and evaluate specific companies.&#8221;</p>
<p>Presumably, then, the scope of the fund&#8217;s investments will be as diverse and, ahem, fascinating as the whims of Google&#8217;s leadership. Which isn&#8217;t always a good thing. That said, Google Ventures may do much to help the company innovate itself out of this downturn and perhaps even spot and engulf the next Google (GOOG) killer before it has a chance to live up to its namesake. As Google Ventures explains in <a href="http://www.google.com/ventures/faq.html">its FAQ</a>, it&#8217;s not above engulfing a company it&#8217;s incubated. “Acquisitions by Google of portfolio companies are possible, but this is not the goal or focus of our investment activities. Our focus is building great companies and generating long term financial return.”</p>
<p>Obviously. But for Google, right?</p>
<p>[Image Credit: <a href="http://ignoranceisfutile.wordpress.com/">Ignorance Is Futile!</a>] </p>
]]></content:encoded>
			<wfw:commentRss>http://allthingsd.com/20090331/googles-mission-to-organize-the-worlds-start-ups-and-make-them-universally-acquirable-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

