Google To Launch Venture Fund
The WSJ is reporting that Google is set to launch a venture fund to give it the option of investing in startups instead of just flat out buying them. The fund will be led by GoogleÃ¢â‚¬â„¢s SVP Corporate Development David Drummond and Bill Maris, a long time business friend of Anne Wojcicki, Sergey BrinÃ¢â‚¬â„¢s wife. Maris is a tech entrepreneur with a degree in neuroscience and worked with Wojcicki at a San Francisco-based for-profit company called Catalytic Health.
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