Google Gadget Ventures = Ubiquity + Recruiting
Good news for Google Gadget developers. We've just launched Google Gadget Ventures, a new pilot program for distributing grants and seed investments to gadget developers and gadget-related businesses. We're excited about the opportunity this will give developers to build even richer, more useful gadgets and get recognized for doing it.Developers should read the fine print, however:
6. Does Google's seed investment in a Google Gadget give it equity solely in the gadget or the entire company that produced it?That's the other piece, here. Recruiting. Both in terms of people and companies, Google Gadget Ventures is a way for Google to recruit. Clever. Devious? Depends on your point of view, I suppose.
Google's investments will be in companies, and the equity for that investment will be equity in these companies.
Tags (not made by gadgets but by TagBuildr and not TagMuse nor TagTrends which also aren't gadgets or widgets): google, gadget ventures, gadgets, widgets