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Google Ventures Ups Its Investment Pot To $300 Million

The hill of money for startups and the like just got 50% bigger.

Google Ventures Ups Its Investment Pot To $300 Million

Google Ventures is increasing its funds available to back new businesses. The amount–$300 million– means that the three-year-old fund will be able to hand out later-stage funding (think of, say, eight-figure sums) rather than the early investor’s $250,000.

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Bill Maris, managing partner of the fund, claims that Google could, if it wanted, up the sum. “Larry has repeatedly asked me, ‘what could you do with a billion a year?'” he told Reuters yesterday.

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My writing career has taken me all round the houses over the past decade and a half--from grumpy teens and hungover rock bands in the U.K., where I was born, via celebrity interviews, health, tech and fashion in Madrid and Paris, before returning to London, where I now live. For the past five years I've been writing about technology and innovation for U.S.

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