Hacker News Reader

Google Ventures is legally distinct from Google. And Google Ventures is actually a mediocre venture firm based on their history.

Google Ventures passed on Magic Leap but Sergey liked it so produced an investment directly from Google's balance sheet.

> And Google Ventures is actually a mediocre venture firm based on their history.

Mediocre relative to which CVCs? Intel Capital?

Intel Capital has been around for quite a bit so that would be an unfair comparison. I am curious to how you reached your conclusion?

Google Ventures backed Uber, but that doesn't stop Google from running its own self-driving car unit.

Didn't stop that lawsuit either.

Google Ventures also backed Juicero...