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You are, of course, correct, but is that a distinction that matters?
by tdaltonc 11y ago
You are, of course, correct, but is that a distinction that matters?
- dpflan 11y agoI thought to some degree it does, given the stated 'independence' of GV but the thick spreading of association with Google. Perhaps that is why GV and GC exist, to support technological development, and help spur innovation at the mothership? Google can then acquire the incubated companies or become firmly connected with them.
- stoshe 11y agoEven if Google never moves to acquire Uber, though, they may simply look at it as Uber creating the social acceptance and market demand for this type of service. That would then make Google entering into the market with a competing service later an easier and a more predictably profitable venture.
- chrisfosterelli 11y agoI think it definitely does. Google Ventures has expressed in the past that their investments are not tied to any business plans of Google and function entirely separately.
- outside1234 11y agoIf you believe that I have a bridge you can invest in! They clearly invested in Uber because Google wanted to buy them and clearly Uber has said no. So plan B.