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Close to the Vest - The search giant's young millionaires are cashing in and checking out (members.forbes.com)
16 points by danielha on June 22, 2007 | hide | past | favorite | 5 comments


"Our mission is not to make Google as big as possible; it is to organize the world's information," says Laszlo Bock, vice president of people operations at Google. "If we seed the next 200 great startups, that's no bad thing."

I never looked at it this way. If Google is the catalyst of many successful startups in the future, that's also a way to leave an overall positive impact on the world. A surprisingly grown-up way of looking at things.


Seems like it would make more sense to do it directly, though, than funnel millions out the door with no return.

A Google investment fund.


Who do you think will end up buying all the successful run-off companies? Its much easier just to pick the winners than mess around with a ton of investments.


Because it costs a billion dollars to buy a YouTube. For that kind of dough you can try out 50,000 Y Combinator companies.


I guess now's a good time if you are looking to join a startup. Just hang outside the googleplex handing out resumes to the guys driving the nicest cars who are leaving the earliest.




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