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Google Reorders Venture Capitalism

Of the many articles that describe how Google has changed Silicon Valley, its job landscape and financial expectations, this Business Week profile is among the best. Even-handed and well sourced, the article describes how Google has upended the traditional method by which startups are funded and eventually sold. Google has come to represent the ultimate VC company (witness Pyra and Keyhole, both of which were purchased directly from the founders without VC agency), and venture financiers aren’t universally happy about it, to put the matter lightly. It’s a good read.

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