There has been a lot of talk about Google and Yahoo competing with the VCs. Well, here is my story from the latest issue of Business 2.0: Google versus The VCs.
Google’s sales pitch to the startups is simple: Come work for us, score some Google shares, and see your big idea rolled out to more than half a billion users. Yet since it started the practice in 2003, Google has snatched up 12 companies, many of which had raised only small amounts of funding and sometimes no venture capital.
Riya might be the latest one to be taken out by Mandarins of Mountain View.