Technically, yes - however, they stay in very separate camps. Google Ventures is the venture capital investment arm of Google Inc., but as explained by Kevin R

Technically, yes - however, they stay in very separate camps. Google Ventures is the venture capital investment arm of Google Inc., but as explained by Kevin Rose [1], it's a separate company. Google has no visibility into what GV-backed companies are working on: think of Google as an LP of Google Ventures. [1] http://www.youtube.com/watch?v=ikoQLBuIYl0#t=1920 http://www.youtube.com/watch?v=ikoQLBuIYl0#t=1920 (excellent interview with Kevin Rose on This Week In Startups)