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Wow, finally, a real competition to Y-combinator?
by paraschopra 18y ago
Wow, finally, a real competition to Y-combinator?
- aditya 18y agohow? this seems a lot more traditional VC: We invest anywhere from seed stage to mezzanine and embrace the challenge of helping young companies grow from the garage to global relevance. Does this mean mentorship? Demo Day? Who knows, but I think not...
- pg 18y agoNo; they're planning to operate like a regular VC fund.
- deleted 18y ago[deleted]
- wheels 18y agoThere's some confusion in what "seed" means in investing, since when YC came around it kind of changed the rules. To VCs "seed stage" means "half a million dollars", not "$15k and Paul's secret rice and beans recipe".
- deleted 18y ago[deleted]
- numair 18y agoOr maybe some of us just hate it when people whine about their comment scores, instead of providing commentary relevant to the discussion?
- jkrols 18y agoThe fund will focus primarily on companies seeking seed funding and early stage funding, and Google Ventures will have the ability to make investments ranging from tens of thousands to "several tens of millions" of dollars, Maris said. http://www.wired.com/techbiz/media/news/2009/03/reuters_us_google_fund http://www.wired.com/techbiz/media/news/2009/03/reuters_us_g... Sounds like competition to me. But it may also bring new opportunities for YC start-ups to be bought.
- pg 18y agoThe small investments are not what makes YC YC. Existing VCs also have the ability to make investments in the tens of thousands. But they rarely do because that's not what they're designed for.