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Google's Not Investing in Young Startups Anymore (qz.com)

GV, the division of Alphabet, is no longer investing in startups that are at their nascent stage. According to data from research firm CB Insights, GV completed no seed-stage deals in the first half of this year, down from 10 such deals last year. That represented a 77% drop from the number of deals it did in 2014. Quartz reports (edited and condensed): GV's former chief executive and co-founder, Bill Maris, who stepped down earlier this month, told the Wall Street Journal in December that he was cutting fewer checks at the seed stage because he thought that market was overheated. He also said that he was mystified by the reluctance of some portfolio companies to avoid a stock market flotation. "They would benefit from the rigor and discipline that the public market requires," he said.

2 of 26 comments (clear)

  1. shortsightedness and quarterly investors by climb_no_fear · · Score: 2

    mystified by the reluctance of some portfolio companies to avoid a stock market flotation. "They would benefit from the rigor and discipline that the public market requires," he said.

    Maybe an idea which needs a year to properly develop an idea is justifiably afraid of quarterly meddling at the beginning.
    That's discipline to avoid that short term trap

  2. Re:Math by imidan · · Score: 3, Informative

    10 such deals last year. That represented a 77% drop from the number of deals it did in 2014

    45 deals in 2014, 10 in 2015
    45-10=35
    35/45=0.7777

    Maybe it's actually reading comprehension that's hard? It's a story problem...