Google Capital doesn’t invest in that many companies, in fact, before today there were only six.
And when do they invest, they’re hardly silent partners.
“We have the capability to use our money, our time, our effort, our expertise, our brain power, and the Google brand to help build great companies,” said David Drummond, chairman of Google Capital. Drummond is also Google’s senior vice president, Corporate Development and Chief Legal Officer.
While that statement doesn’t tell us much about how quickly Google Capital expects to realize a return on its investments, the particular partner they assign to a startup may be telling.
This morning Gene Frantz, a general partner at Google Ventures, who specializes in late stage startups, takes a seat on MapR’s board.
MapR, for anyone who doesn’t already know, is a San Jose, Calif.-based enterprise software company that develops and sells Apache Hadoop-derived software.