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02 March 2014

Google Capital, $300 Million, Web Education

Google Ventures and Google Capital -- there is a difference --

Google Capital Lands $300 Million and Leaps Into Web Education - Bloomberg: "...“Google Ventures kind of invests across the spectrum but predominantly invests in early-stage companies, and they have an organization that’s super well configured for that,” Lawee said in an interview. “Google Capital is only investing in late-stage investments, and we’re building an organization completely configured around that.”Google Capital’s objective is to triple its money from each investment over the course of five to seven years, Lawee said. That’s the type of return it expects from Renaissance Learning, which is used by nearly 20 million students and teachers in more than 60 countries. Google Capital is investing at a $1 billion valuation.,,,"

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