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Google Ventures Almost Ready To Launch, But It Is A Bad Idea
- ericwaller 18y agoIt is in effect saying that it has so much cash it doesn’t know what to do with it. Google would be better off paying a dividend to shareholders or buying back stock than playing venture capitalist. It's by paying a dividend that google would be in effect saying it has so much cash it doesn't know what to do with it. Starting a venture fund is google saying that it can reinvest it's profits for a positive return.
- pg 18y agoIt's true that corporate venture funds are usually lame. But if there were a company that could defy this trend, it would be Google. The fact they have Rich Miner in there is a sign they plan to do things differently. He's not a finance guy; he's one of the guys who wrote Android.