Google Putting The Squeeze On VCs
Google’s not making as many friends as it used to. The latest group to sour a bit on the company are venture capitalists.
Of course, business isn’t really about making friends, but that hasn’t stopped VCs from complaining that Google swallowing up prime acquisitions.
So are other major corporations, for that matter, but BusinessWeek picked Google to pick on, and so will we. It’s very vogue, lately. Just call it a growing pain as Microsoft points, laughs, and musses up Google’s hair.
According to the BW article, VCs are being boxed out as (companies like) Google, with oodles of cash and cred in hand, grab early stakes in startups with "first dibs" to buy conditions.
Nobody’s calling for regulation or anything. At the end of the day, it’s the girls with the Coach bags giving dirty looks to the girls with the Prada.
But what’s interesting to me is that it was just a year ago that Google was squabbling with the SEC about not being lumped in with mutual funds. And I’m wondering if they could win that debate this year?