Google to start new venture capital division — likely for telecom

Google to start new venture capital division — likely for telecom

Reports in years past have suggested that Google, like Intel, Motorola and other large tech companies, might open an internal venture capital fund to invest in startups. The idea has never come to fruition, but a brief in this morning’s Wall Street Journal says that discussions are on once again.

David Drummond, a senior vice president and Google’s chief legal officer, has been tapped to lead the fund, and the company has hired William Maris, a… Continue Reading