GV (company)
(Redirected from
Google Ventures
)Formerly | Google Ventures (2010–2015) | |
---|---|---|
Company type | Subsidiary | |
Industry | Venture capital | |
Founded | March 31, 2010[1] | (as Google Ventures)|
Founder | Bill Maris (founding CEO)[2][3] | |
Headquarters |
| |
Key people | Parent |
|
Website | www |
GV Management Company, L.L.C.
History
The group was founded on March 31, 2010, with a $100 million capital commitment,[1] by Bill Maris who also became GV's first CEO.[9][10][11] In 2012, that commitment was raised to $300 million annually, and the fund has $2 billion under management.[12] In 2014, the group announced $125 million to invest in promising European startups.[13][14] By 2014, it had invested in companies such as Shape Security.[15] In December 2015, the company was renamed GV and introduced a new logo.[16]
As of 2016, GV has been less active as a
seed investor, instead shifting its attention to more mature companies.[17][18] There is also a focus on startups in the healthcare markets. It created the biotech company Calico and has invested in Foundation Medicine, Genomics Medicine Ireland, Editas Midicine, and Flatiron Health, among others.[19] In 2020, GV hired Candice Morgan as the firm's first Diversity & Inclusion Partner[20] and promoted Terri Burns from principal to the firm’s first black female partner.[21]
Structure
In 2013, GV developed an intensive, five-day
better source needed] It is based on key ideas of agile development and design thinking.[24] In addition, GV provides portfolio companies with access to operational help after making a financial investment.[25] Full-time partners at GV work with portfolio companies on design and product management, marketing, engineering, and recruiting.[26]
See also
References
- ^ a b Schonfeld, Erick (2009-04-04). "The Google Ventures Cheat Sheet". TechCrunch. Retrieved 2009-04-15.
- ^ Team
- ^ "Team | Google Ventures". March 26, 2014. Archived from the original on March 26, 2014.
- ^ "Delaware Corporate Entity Search". Archived from the original on September 21, 2015. Retrieved March 5, 2022. (file no. 4726690)
- ^ Bill Maris, CEO Profile
- ^ "Press". GV. Retrieved 2015-12-09.
- ^ "GV". gv.com. Retrieved 16 December 2015.
- ISBN 978-1-119-08939-1.
- ^ "Google Ventures founder Bill Maris is back. Again". Axios. 14 March 2017.
- ^ "Google Ventures and the Search for Immortality". Bloomberg.com. 9 March 2015.
- ^ "Bill Maris Steps Down as CEO of Google Ventures". Fortune.
- ^ "Exclusive: Google Ventures beefs up fund size to $300 million a year". Reuters. 8 November 2012.
- ^ Oscar Williams-Grut (28 October 2014). "Bill Maris interview: Google Ventures into Europe". The Independent.
- ^ "Google Ventures invests in Europe". 9 July 2014.
- ^ Primack, Dan. "Deals of the day: Shape Security raises $40 million". Fortune. Retrieved 14 May 2015.
- ^ "Google Ventures Launches Rebranding Initiative". PYMNTS.com. 2015-12-07. Retrieved 2015-12-09.
- ^ Chernova, Yuliya (2015-12-06). "Google Ventures Dials Down Seed Deals, Urges Mature Startups to Go Public". WSJ. Retrieved 2018-04-11.
- ^ Wong, Joon Ian (12 August 2016). "Google's (GOOG) not investing in young startups anymore — Quartz". qz.com. Retrieved 2018-04-11.
- ISBN 978-1-119-74563-1.
- ^ Candice Morgan (September 2, 2020). "How to build a race-conscious equity, diversity, and inclusion strategy". Fast Company. Retrieved October 11, 2021.
- ^ Courtney Connley (October 22, 2020). "Meet Terri Burns, the youngest and first black female partner at GV, formerly known as Google Ventures". CNBC. Retrieved June 23, 2021.
- ^ "How Google Ventures does rapid prototyping 'design sprints' with its 170 startups". VentureBeat. 14 August 2013.
- ^ "Inside A Google Ventures Design Sprint". TechCrunch. 23 October 2013.
- ISBN 978-981-16-2081-2.
- ^ "Will Google Ventures disrupt venture capital?". onstartups.com. Retrieved 2014-02-03.
- ^ Manjoo, Farhad (16 April 2012). "Google's Creative Destruction". Fast Company.