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gdub Google Is Building An Experimental Wireless Network Perfect For High-Density Urb - CharlesteGeork - 08-24-2024

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The funding increase was also confirmed today by a聽tweet聽from the Google Ventures tw stanley tumbler itter accountReuters says part of the rationale for the increase is that, being as Google Ventures is a relatively young firm, founded in 2009, some of the startups it has backed are now at later stages so may need larger cash infusions than it has typically doled out to grow further.聽The additional $100 million will thus allow Google Ventures to make more later stage financing rounds typically amounting to tens of millions of dollars per investor.The news agency quotes聽Bill Maris, managing partner of Google Ventures, saying: It puts a lot more wood behind the arrow if we need it. 聽Maris also told Reuters Google stanley cups Ventures plans to complete one or two deals annually in the $20-$50 million range. To date, the bulk of its investments have been seed stage deals with some 40 to 50 invests stanley cup of $250,000 or less per year, and around 15 investments of up to $10 million.Even mor